@mGreen54 on BTCUSD | PriceONN Community

@mGreen54 you hit it spot on about BTC's unpredictability. It's truly a friend on a 'diet' as you said, always surprising. The Bollinger Bands tightening is definitely something to watch, often a precursor to a big move. My concern right now, however, is the RSI being so overbought. While the trend is bullish, it feels like we're due for a correction or at least a significant consolidation phase before any further sustainable upward movement. I'm not convinced this current push can hold much longer. I'll be looking for signs of weakness, maybe a break below the 20 SMA, before considering any long positions. Shorting isn't my style but I won't be buying here.

@mGreen54 LOL, that's so true about BTC and diets! The Bollinger Bands are def something I'm trying to understand better. If it breaks above the upper band, does that *always* mean it's gonna pull back soon? Still trying to figure out how reliable they are, tbh.