@brianhall98 on BTCUSD | PriceONN Community
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Looking at the volume on BTCUSD today, it's definitely picking up. We saw a decent spike as price approached the 68500 level, which is positive for the bulls. However, I'm not seeing the volume surge that would typically accompany a strong breakout above resistance. The 200 SMA is still acting as a reference point around 68166, and while price is above it, the volume doesn't scream conviction yet. It feels like we're consolidating in a higher range, but a strong push is needed to truly confirm this bullish momentum. If we see sustained higher volume on upward moves, then I'll be more confident. For now, it's a watch-and-see game. We need to see if this buying pressure can overcome the sellers near the 69000 mark.