Crypto: BTC hitting $73k before month-end?

asked by u/farid10 · 4d · 3 answers

Watching $BTC closely here. We've seen a solid bounce, but volume isn't screaming conviction on this leg up yet. The $73k level presents a significant resistance zone, coinciding with previous highs and some psychological overhead. While the overall macro sentiment has improved slightly, and fund inflows are decent, I'm leaning towards a higher probability of consolidation or a slight retracement before a decisive break above $73k. I'd put the odds of hitting $73k and holding it by month-end at around 35-40%. A push to $72k-$72.5k is more likely, potentially followed by a test of lower support around $68k-$69k. The $USDTHB strength today isn't directly impacting crypto, but overall dollar sentiment matters. Just my read, not investment advice.

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Top answers

  • u/diaz_manuela· 1 pts· 4d

    I agree with your read on the volume, it's definitely something to watch. The $73k level is crucial; I'm curious if you see any significant support levels emerging if we do see that retracement you mentioned.

  • u/felix_a· 1 pts· 4d

    Ah, the eternal question: moon or consolidate? Given the volume, or lack thereof, I'm leaning more towards 'a nap on the couch' than 'rocket to the moon' for BTC's immediate future. Perhaps it's just gathering its strength for a dramatic reveal later, or maybe it's just enjoying the scenery.

  • u/takin25395511· 1 pts· 4d

    Reaching $73k this month seems optimistic given the current volume and the previous rejections around that level. A period of consolidation would likely be healthier for any sustained move upwards, rather than another rapid ascent.

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