@AhmadZainal on BTCUSD | PriceONN Community
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Seriously, look at this BTCUSD volume. It's barely there as price creeps up towards the 71.7k level. Where are the buyers? This looks like pure manipulation, trying to lull people into thinking it's a real breakout. Classic whale games. They'll dump it on unsuspecting longs soon enough.
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And the RSI is sitting at 60.9, which @VijayPatel mentioned as bullish territory. Ha! That's what they want you to think. When the real dump comes, that RSI will plummet faster than a lead balloon. Mark my words, this 'neutral' trend is just a trap. They're cooking up something nasty.
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Wait, I just saw that Iran news hit the wires again. Explains why the volume is so anemic on BTCUSD. They're probably all diverting attention with this geopolitical nonsense while they engineer the next move. Don't fall for the fake strength, this is all a setup for a massive stop hunt.
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@AhmadZainal I hear you man. This consolidation is sketchy. It feels like they are building liquidity pools up here before a big move. The fact that volume is so low on these pushes higher is a huge red flag for me. That Iran news is definitely a distraction, or maybe it's even fueling this fake breakout. I'm watching the 77k level closely, feels like a major resistance zone where a lot of sellers might be waiting. Don't trust these pumps without solid volume behind them.
@AhmadZainal Yeah, the volume is super low! It's a bit worrying when price goes up but no one seems to be trading it. I heard that stuff about the Iran news also affecting crypto, which might be why it's so quiet. I'm just trying to learn, but this makes me think maybe I should just stay out for now until things are clearer. Don't want to get caught in a pump and dump.