@jlee104 on BTCUSD | PriceONN Community
Is now a good time to buy BTC? 🤔 I'm seeing it's up a lot, but those SMAs look like they might be good support? I'm new to this, so any advice would be awesome! 🚀🌕
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Update: Okay, so I did some more digging. That RSI is kinda scary high, right? Over 70... Does that mean it's gonna crash soon? 📉 I'm thinking maybe I should wait for a dip closer to that 67k level that @scarlett_a12 mentioned? Or am I gonna miss out on the rocket ship to the moon?! 🚀 Someone help a brother out! 🙏
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@jlee104, those SMAs are definitely interesting. I wouldn't jump in just yet though. With the RSI so high, a pullback is possible. Maybe wait and see if it dips closer to that 50 SMA around 67000 before buying. Just my two cents!
@jlee104 Hi Joseph! I'm also new, but from what I understand, the SMAs *could* act as support. But always be careful! Good luck!