@ericnelson56 on BTCUSD | PriceONN Community
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Just saw some news flash about Bitcoin potentially breaking 75k again. That's the level everyone's talking about, right? Feels like a big moment for BTCUSD, could be the start of something big if it holds this time. Fingers crossed it doesn't just fake us out like last week.
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I guess if it does break 75k, the 75500 resistance mentioned is the next big hurdle. Hopefully, the Asian session keeps pushing it higher.
Hey @ericnelson56, yeah that 75k level is definitely the big talk. It feels like it's bouncing off that support line, but honestly, I'm getting a bit nervous. You mentioned 75500 resistance, and I'm watching that too. It's just that this overnight session feels so unpredictable. I keep thinking about what happens if it breaks down instead of up. My RSI is showing around 37, which doesn't feel great, and the 20-day SMA is just above current price. I really hope it doesn't fake us out again like last week, that was brutal.