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BTCUSD is really pushing hard today, almost 7% up from yesterday. RSI is getting quite high, around 68, which usually means we might see some consolidation soon. Still, the overall trend is super bullish. What are you guys thinking, continue north or a quick breather first?
update on my previous thought: I'm seeing the 20 and 50 SMAs still nicely below current price, which supports the bullish outlook long term. But that upper Bollinger band around 70k could be a strong resistance level to watch. Need to see if it can break past that.
