@MidnightRun19 on BTCUSD | PriceONN Community
This kind of spike and dump action around the 74k mark feels familiar. Remember back in late 2023 when we saw similar volatile moves right before a major breakout? Price would surge, then pull back hard, looking like a crash, only to rebound even stronger. It's like a whale playing games, testing the waters before committing.
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And that sudden drop right after the spike could be a liquidity grab, like you said. The pattern I'm seeing now is very similar to that old one; price pushed up, got rejected, and now it's consolidating. If it holds this 74500 level, we might see another leg up.