@chiZara on BTCUSD | PriceONN Community

This current price action on BTCUSD reminds me a bit of the consolidation we saw back in early March. Price was hovering around a similar range, with multiple attempts to break through resistance. The RSI then was also hovering around the 50-60 level, indicating indecision. I remember thinking a breakout was imminent, but it ended up being a fakeout, followed by a significant drop. I am going to watch the volume closely over the next few days to see if it confirms a potential breakout or if we are heading for another fakeout scenario. Need to see sustained volume above average to confirm a real move.