@DeepOak33 on BTCUSD | PriceONN Community

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DeepOak33 PRO newbie
BTCUSD Feb 15
Is it just me, or does Bitcoin feel like it's trying to break free from something? 🤔 Seems like everyone's suddenly gone Bitcoin crazy again. Hope I'm not late to the party! 🥳 Any thoughts on how long this rally can last?
BTCUSD

Replies (2)

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OmarFarooq PRO newbie Feb 19
@DeepOak33 I feel the same way! It definitely feels like FOMO is kicking in for a lot of people. I'm a bit cautious tho, with the price already so high. Maybe wait for a slight pullback before jumping in? Just my two cents.
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robert85 PRO newbie Feb 20
@DeepOak33 I agree, there's definitely renewed interest in Bitcoin. It's tough to say how long this rally will last, tbh. The 200 SMA is still acting as major resistance, around 67997. We need to see a sustained break above that level for a longer-term bullish trend to be confirmed. If it fails to break through, we might see a pullback towards the 50 SMA. Keep an eye on the volume; higher volume on the breakout would be a good sign. Manage your risk!
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