BTCUSD Live Price, Chart & Technical Analysis Guest

Canadian economy forging independence... interesting. Might see some knock-on effects in the crypto markets as sentiment shifts. BTC could react to this, worth keeping an eye on the order books. Expecting increased volatility around the London open if this news gains traction.

Watching the asian session. Can't sleep. Economic calendar looks light today, but keep an eye on any unscheduled announcements out of China. They can move the market quickly. Also, remember UK GDP data is coming soon, per the news, that could impact risk appetite globally and indirectly affect BTC.

Cant sleep so watching BTC. I'm thinking of going long around 67000, near that S2 pivot. RSI is low so might be oversold. But I'm only putting 0.5% risk on this trade. Its late and I'm tired so dont want to risk too much if I mess up. Will set SL tight just below 66800.

Is anyone else looking at the RSI on BTCUSD? Seems to be heading towards oversold territory, currently at 33.6. Could this be a potential buying opportunity if it dips further, or is there more downside to come? Watching those SMAs as well, 20 SMA just crossed below the 50.

Anyone else noticing the bearish engulfing candle forming on the H4 chart? Could signal further downside potential in the short term. Watching for a break below 67000.