@ryan7712 on BTCUSD | PriceONN Community

Update: I'm observing that the Bollinger Bands are relatively tight, suggesting that a volatility expansion could be imminent. A break above the upper band around 73983 could signal a strong continuation of the bullish trend. However, it's crucial to monitor the price action closely around the R1 pivot. A failure to break through that level could indicate a potential pullback towards the 50 SMA at 70085. I'll be watching for a clear breakout confirmation before considering a long position. Risk management is key, so a stop-loss order just below the pivot point would be prudent.