@lauren2000 on BTCUSD | PriceONN Community

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lauren2000 PRO newbie
BTCUSD Mar 23
Man, I'm so confused by BTC right now. The price is sort of holding above the 200 SMA, which usually means bullish, but the Bollinger Bands are squeezing and volume is super low. Then I see news about crypto scams popping up from random texts, and it makes me nervous about any big moves. Is this a bull trap waiting to happen or just a quiet period?
BTCUSD

Replies (1)

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wildcard49 PRO newbie Mar 25
Hey @lauren2000, yeah this BTC move is wild. I'm seeing some pretty low volume right now, feels like it's just consolidating before a potential bigger move. Hard to say which way though, feels like a trap is coming.
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