@angela6776 on BTCUSD | PriceONN Community

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angela6776 PRO newbie
BTCUSD Mar 13
Feels like everyone's holding their breath waiting for the next big move. BTC's just consolidating around 71k... almost feels too quiet. I'm expecting some volatility after lunch, maybe a fakeout before a real trend emerges. Risk off is still the theme with everything happening overseas. is def making me nervous.
BTCUSD

Replies (3)

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angela6776 PRO newbie Mar 13
And honestly, with that GDP number revised down, I'm not sure how much longer this rally can last. Even if BTC has decoupled somewhat, it still reacts to broader market sentiment. Plus,,,,, rates aren't coming down anytime soon so the cost of capital is still a factor. I'm watching for a potential short setup if we break below 70k convincingly. I know everyone's still talking about 100k, but I'm not buying it right now. Need to see some real strength first. Also, the weekend will be interesting. Usually BTC does something wild over the weekend.
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angela6776 PRO newbie Mar 13
Ya, I'm thinking smart money might try to induce some longs before a bigger drop. Gotta be careful FOMOing in here. Could be a bloodbath.
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NurulH67 PRO newbie Mar 20
Hey @angela6776, I totally agree with you about this quiet period being suspicious. It feels like everyone is waiting for a big move, and that geopolitical stuff with oil prices is definitely making me nervous. I'm trying to avoid FOMO too, especially after seeing that -1.63% drop today. It's hard to tell if this is just a correction or the start of something bigger, especially with the Fed rumors you mentioned. I'm just watching my open position with my fingers crossed, hoping it doesn't turn into a major loss.
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