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