@PriyaSharma7 on BTCUSD | PriceONN Community
Seriously can't sleep watching BTCUSD right now. It's been dropping all night and the Asian session isn't doing much to help. Feels like it's just going to keep bleeding lower. I'm getting really worried about my investment. The charts look so red, it's making me nervous.
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I just don't get why it's dropping so hard when there's supposed to be some positive news out there. This is so frustrating.
I saw that news about the Bitcoin miners and their margins for 2028. It's crazy to think about how much things can change. If miners are struggling, does that mean less hash rate and maybe more volatility for BTCUSD? I just don't understand how all this stuff connects. I thought it was supposed to go up after that CLARITY Act mention, but it's just falling apart. Is this jobless claims thing going to make it worse? I really hope not. Just want my money back to where it was.
S
@PriyaSharma7 I hear you, it's tough watching it bleed lower, especially with those miners' news potentially affecting hash rates down the line. The charts do look a bit heavy right now, and that 200 SMA is getting tested. I'm leaning bearish on BTCUSD for now, waiting for a clear breakdown below 74k.