@NicoleHarris82 on BTCUSD | PriceONN Community

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Watching BTCUSD closely here. Volume on this recent dip seems a bit lower than the previous one, which is interesting. It's not screaming confirmation of weakness to me yet, but it's not showing strong conviction either. Could be just normal afternoon trading before NY closes.
BTCUSD

Replies (2)

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NicoleHarris82 PRO newbie Apr 1
If volume stays light and price starts ticking up, that might signal a short squeeze is brewing. Or it could just mean no one wants to commit before tomorrow.
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charlotte2002 PRO newbie Apr 5
Hey @NicoleHarris82, I see what you mean about the volume. It's definitely not showing strong conviction on this pullback. I'm watching the 20-SMA around 67080 closely; if that holds as support, we might see a nice bounce before NY closes.
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