What's everyone's sentiment on BTCUSD right now? With the RSI above 60, it seems like it could push higher, but I'm also seeing some resistance around the 67k level. Are we expecting a breakout or a pullback soon? Just trying to get a feel for the general consensus.
Hey @mthomas567, I'm cautiously optimistic about BTCUSD. RSI is definitely a concern, showing overbought conditions, but the momentum is strong 💪. I see resistance around 71750 (R2 pivot), and a break above that could lead to a test of 72000. However, if it fails to hold above 71400 (R1 pivot), we might see a pullback towards 71000. I'm thinking a small pullback before another leg up. I'm also looking at the D1 chart and it looks pretty bullish overall. What's your take on potential support levels if we see a dip?
