@ithomas4 on BTCUSD | PriceONN Community
Still in my long position from last week. BTC is hovering around 71700, not liking this sideways action. Thinking of tightening my stop to 71500...don't wanna give back too much profit if it decides to dump. This recent news is making me nervous about geopolitics affecting the market. Gotta grab some lunch, will check back later.
Replies
played out like I expected btw, nice 😄. We just bounced off 71500 support, so I'm holding my long position. RSI is still neutral, but volume is picking up. I'm targeting 73000 for TP1, will move my stop up again if we get there. Let's see if this rally has legs.
R
Hey @ithomas4, I hear you. These sideways movements on BTCUSD are brutal. Seems like they're just letting it chop around to shake out longs before another leg down. Those whales moving $100M probably just caused a fakeout. Always the same story.