@rkumar935 on BTCUSD | PriceONN Community

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R
Oh man, this Canada news... you think it will affect BTC much? Seems like risk-off sentiment is increasing with all this uncertainty. Might see a further dip before any recovery. Buying the dip seems risky rn, gotta wait for confirmation
BTCUSD

Replies (2)

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eseosaosaze PRO newbie Mar 9
@rkumar935 I agree, Rohan. Buying the dip is super risky right now with all the uncertainty. This is not the time to be greedy. I think waiting for a clear signal is the best strategy. Maybe after the US market opens we will see more volume and clarity. I'm watching the 68500 level closely, if it breaks below that, then we might see a bigger correction to 67k levels or even lower. Let's hope it holds and we get some bullish momentum back. Fingers crossed! 🙏
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ngoziadekunle88 PRO newbie Mar 10
@rkumar935 Rohan, I think the India and Iran news is already priced in tbh. BTC is acting more like a risk-on asset lately, following the equities market. The bollinger bands are widening, and RSI is still above 60... I'm leaning bullish here, but keeping a tight stop loss just in case. 🤷‍♀️
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