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Is it just me, or does this feel like a massive trap?
$BTC Bitcoin is sitting at 77,627.right now, just a breath away from that recent 79.4k peak. Looking at the daily candles, we’ve had a solid run-up since the 65k floor, but the momentum is starting to look a bit heavy up here.
The volume is decent but not "blow off top" levels yet. We’re basically hovering in no man's land between the recent high and the mid-70s support. If we don't break 80k soon, I’m expecting a quick flush back toward 73k to trap the late longs before the next real leg up.
Staying cautious here. I’d rather miss the first 2% of a breakout than get caught in a 10% retracement.
What’s your move? Holding through the weekend or taking some off the table?
#CryptoMarketSeesVolatility