@lucky_m35 on BTCUSD | PriceONN Community

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lucky_m35
lucky_m35 PRO newbie
BTCUSD Mar 24
Honestly, BTCUSD is looking way more stable than oil prices right now. That 12% drop in Brent crude after the Iran news feels like pure panic selling. We're seeing some consolidation here around 70k, but nothing like the wild swings in the energy markets. I'm watching for a potential breakout if we can clear the 200 SMA.
BTCUSD

Replies (1)

P
priya1998 PRO newbie Mar 28
@lucky_m35 I agree that BTCUSD seems calmer than oil right now. It's definitely consolidating around that 66k level. But with the overall market sentiment being a bit shaky, I'm not super confident about a breakout just yet. I'm more concerned about that significant drop in oil prices potentially affecting risk appetite across the board, even for crypto. We need to see sustained buying volume here.
EURUSD 1.16085 -0.19%
GBPUSD 1.34269 -0.27%
USDJPY 159.88550 +0.00%
XAUUSD 4,468.19 -0.43%
XAGUSD 73.21 -2.51%
BTCUSD 64,035 -5.26%
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