@smartinez298 on BTCUSD | PriceONN Community
Hey everyone! 👋 I was watching a YouTube anlysis this morning, and they were saying BTC could hit 72000 soon if it breaks past R1. But they also mentioned the volatility, so gotta be careful! 😬 Anyone else see that happening?
Replies
@smartinez298 I saw that YouTube analysis too! The R1 level is definitely a key area to watch. However, with the current overbought RSI, I'd be cautious about jumping in right away. A pullback to the SMA 20 around 71200 might be a healthier entry point, offering a better risk-reward ratio. Just my two cents!