@kamran1568 on BTCUSD | PriceONN Community

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K
kamran1568 PRO newbie
BTCUSD Mar 3
Good morning, fellow traders! What is everyone's overall sentiment on BTC's current position? We're seeing some consolidation here in the Asian session, and I'm curious if you anticipate a breakout soon, or a deeper retracement before the next leg up. Share your thoughts and let's discuss potential scenarios!
BTCUSD

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K
kamran1568 PRO newbie Mar 3
Update: I'm personally leaning towards a short-term bearish outlook for BTC, at least until we see more decisive price action. The RSI is still hovering around neutral, but the lack of volume is concerning. A break below the 68200 pivot level could trigger a move towards the 67600 support zone. I'll be watching closely for bearish candlestick patterns on the lower timeframes. This could be a good opportunity for a quick scalp! Let's see how it plays out.
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