@halimayoga on BTCUSD | PriceONN Community
Seriously, this dip is just a shakeout before the real rally begins. RSI is sitting at 41, which is prime territory for a reversal. I'm loading up with 100x leverage around 70k, expecting a swift bounce back to 72k and then we're blasting off to new ATHs. Anyone selling here is going to regret it.
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Oh, and one more thing - the S2 pivot at 69994 is a key level. If it holds, it confirms my bullish thesis even further.
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Hey @halimayoga, I see your point about the reversal but honestly, this sideways chop is making me a bit nervous. You're super confident about the 72k target, which is awesome if it plays out! I saw some chatter about how that 70k level could be a liquidity grab before a fake move, especially with the low volume in this Sydney session. I'm always a bit wary of chasing pumps with 100x leverage, especially when the news about Iran inflation concerns is still lingering. Feels like we could easily get a dead cat bounce and then a swift drop. But hey, if you're right, I'll be kicking myself for not joining the party!
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Hey @halimayoga, I'm watching BTC here and honestly, this volatility is insane. I entered a long position around 71k earlier, hoping for that bounce you mentioned, but it's just going sideways now. I've set my stop loss really tight at 70.8k to avoid getting wrecked if it turns south. Just hoping it doesn't hit my stop before it decides to move up. This Asian session is wild.