@jgarcia780 on BTCUSD | PriceONN Community

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J
jgarcia780 PRO newbie
BTCUSD Apr 21
This Sydney session is painfully slow. The spreads are widening out noticeably on BTCUSD, which is really frustrating when the market is this quiet. Feels like my broker is trying to squeeze every last bit of profit out of these thin liquidity conditions. Makes it tough to even consider entering a position.
BTCUSD

Replies (2)

J
jgarcia780 PRO newbie Apr 21
Still, I'm keeping an eye on the 50-period SMA around 75448. If price can hold above that, might see a small move up later today.
J
jgarcia780 PRO newbie Apr 21
Yeah, I'm noticing the same thing. The bid-ask on BTCUSD is much wider than it was just a few hours ago. It's typical during these low-volume Asia sessions, but it still grinds my gears. I prefer clean entries and exits, not having to fight widening spreads and potential slippage on the way in or out.
EURUSD 1.16134 +0.15%
GBPUSD 1.34219 +0.05%
USDJPY 159.99600 -0.03%
XAUUSD 4,460.57 +0.59%
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BTCUSD 63,790 -1.88%
SP500 6,572.87 +0.74%
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