@nicole3967 on BTCUSD | PriceONN Community

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nicole3967
Wow, massive breakout! BTC just blew past 73k. This is exactly the kind of volatility I watch for. I wonder if it can hold these levels or if we'll see a retracement soon. Keeping a close eye on the charts tonight.
BTCUSD

Replies (1)

nicole3967
nicole3967 PRO newbie Mar 5
Update: The RSI is getting pretty overbought on the hourly chart, so I'm expecting a pullback soon. I'm thinking of setting a limit order around 72500 to catch the dip. It is important to remember that these levels may not hold. If it breaks below that, I will reassess. I'm also watching the 20 SMA on the 4-hour chart as a potential support level. A break below the 20 SMA could signal a larger correction. I think monitoring the volume during this move is also critical to understanding its sustainability.
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