@AvaM43 - BTCUSD | PriceONN Topluluk
A
This BTCUSD price action reminds me a bit of the consolidation period we saw back in late 2024. We had a strong rally, followed by a period of sideways movement with several false breakouts. The market eventually broke upwards, but not before shaking out a lot of traders. I'm watching the Bollinger Bands closely here. A strong close above the upper band would be a good sign, but I'm also mindful of the potential for a fakeout. Need to see sustained volume to confirm the move. Given the news about the Middle East, a risk-off move is possible, so caution is advised.