@coffee37 - BTCUSD | PriceONN Topluluk
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Seeing this BTC price action reminds me a bit of that run we had back in late 2020, early 2021. Remember how it just kept grinding higher, breaking through resistance levels that seemed impossible at the time? We had that big push above 20k, then a bit of a consolidation, and then it just went parabolic. This current move above 73k feels similar in its strength, but I'm also wary. We're seeing some pretty strong buying pressure, but the RSI is sitting in neutral territory, not screaming overbought yet. I'm looking at the previous highs around 73700 and 74000 as key areas. If we can clear those with conviction, and maybe see some decent volume on the 15m chart, then I'll be more confident about a bigger move. Otherwise, I'm expecting a bit of a pullback to test maybe the 72k level, where we have some previous order blocks and the S1 pivot. Gotta be careful not to get caught in an inducement trap here, though.