@josephjackson29 on BTCUSD | PriceONN Community
J
Okay, so here's my take on BTCUSD. We've seen a massive run-up lately, fueled by institutional buying and general hype, ngl. But these parabolic moves rarely last forever. I'm seeing some potential resistance around 73000-73500. I think we might consolidate in that range for a bit. I wouldn't be surprised to see a test of the SMA 20 around 69400 in the coming days. That could be a good buying opportunity if it holds. I'm staying cautious and waiting for a better entry point tbh. Just my analysis, not financial advice!