$BTC After spending hours grinding sideways between roughly $76K–$78K, BTCUSDT Perp suddenly exploded higher, pushing to $80,941 and sitting around $80,537, up nearly 5% in 24 hours. The breakout is backed by a clear volume surge, making the move stand out from the earlier range-bound action.
But here’s the interesting part: momentum is already extremely stretched. On the 15m chart, RSI(6) is around 93.9, while the 1h RSI(6) is near 93. That doesn’t automatically mean reversal—it simply shows how aggressively price has moved.
With $80.9K and the previous $81.5K area nearby, the market is entering an important zone. 🔥
When momentum goes vertical, patience becomes more valuable than FOMO.
#btc #TradingTales #ScalpingTrading
But here’s the interesting part: momentum is already extremely stretched. On the 15m chart, RSI(6) is around 93.9, while the 1h RSI(6) is near 93. That doesn’t automatically mean reversal—it simply shows how aggressively price has moved.
With $80.9K and the previous $81.5K area nearby, the market is entering an important zone. 🔥
When momentum goes vertical, patience becomes more valuable than FOMO.
#btc #TradingTales #ScalpingTrading