@JGarcia78 on BTCUSD | PriceONN Community
Man, seeing BTC at 75.5k right now feels like that time back in Feb when it pulled back hard before that big run. Kinda looked like this setup, a bit of a dip but then just kept climbing. Hoping this isn't a fakeout this time, but history sometimes repeats, right?
Replies
Actually, thinking about it more, that Feb pullback was way faster. This feels a bit more drawn out, maybe more consolidation before the next move. Still, gotta keep an eye on that 75200 level, seems like a bit of a support area.
Hey @JGarcia78, I see what you mean comparing it to February, but this feels different. The volume isn't there like it was then, and the fact that the ETFs just had a big inflow streak means someone's trying to pump it up for the news cycle, then let it slide. They'll likely hunt those stops around the 75200 level you mentioned, it's always the same playbook.