@rahul86 on BTCUSD | PriceONN Community

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BTC still pushing higher, but RSI is flashing overbought. Short-term scalps only imo. Volume needs to pick up to sustain this. Watch for a potential pullback near 70k. Might be a good idea to tighten stops.
BTCUSD

Replies (1)

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rahul86 PRO newbie Mar 2
Update: Seeing some resistance at 69900. Could be a good area to short with tight SL. However, the overall trend is still bullish so be careful. I'm expecting a retest of the 69k level before any further upside. If it breaks 70k convincingly, then we're heading towards 72k. Keep an eye on the D1 chart for confirmation. Will be watching the price action closely for a potential entry point. Scalping only, remember.
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