@LBaker84 on BTCUSD | PriceONN Community

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Volume is picking up here, but it's not exactly screaming conviction yet. Feels a bit thin, could be trapped liquidity. Watching closely if it can sustain this push above the 20 SMA.
BTCUSD

Replies (1)

A
arthur7455 PRO newbie Apr 6
Hey @LBaker84, I hear you on the conviction thing. It does feel a bit like people are just piling in because the price is going up, not necessarily because of a solid plan. But honestly, with this kind of momentum, especially with the renewed ETF interest we're seeing, I'm not going to fight it. It feels like we're pushing past that 20 SMA resistance with some real force now. I've seen this play out before where thin volume initially fools people, but then a whale steps in and it just rips. I'm watching for a close above 70k on the hourly. If that happens, I think we're heading higher, maybe even testing those recent highs again.
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