@ShadowFax72 on BTCUSD | PriceONN Community
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Can't sleep, watching this Asian session grind. BTCUSD is choppy, like a dead cat bounce maybe? 73k seems to be holding but feels weak. I'm thinking about going full margin long if it dips to 72800 again. 100x leverage or why bother, right?
Replies
Hey @ShadowFax72, I hear you on the sleepless nights and watching the Asian session grind. 73k is a key level, but frankly, 100x leverage at this point feels like playing with fire, especially with the geopolitical news out there. That Iran/crypto headline is wild, though, could be a factor for BTC if it gains traction. I'd be cautious about going full margin long unless we see a solid bounce off a significant support like the 50 SMA around 72600. The RSI is bullish but not overextended yet, so there's room, but thin liquidity means sudden moves are dangerous. Maybe look for confirmation on H4 charts before committing.
Hey @ShadowFax72, I see your point about the Asian session being choppy, but 100x leverage? Seriously??? 🤯 That's pure gambling man, not trading. These brokers just love to see people like that get wiped out. They're probably rubbing their hands together hoping you hit that button. The market is already rigged enough with the spreads widening like crazy during these 'grinds'. You think they want you to make money? Nah, they're just waiting to hunt your stop loss. I'm sticking to my own analysis, no crazy leverage for me. This whole setup is sus, feels like they're pushing it down deliberately before the US session starts properly.
J
Yo @ShadowFax72, 100x leverage on a dip to 72800? You're wild, man! I love the energy, but that's pure YOLO. I'm watching this 77700 area, feels like a potential reversal point with RSI so high. Going all in on a dip like that is how you get wiped out if it turns south fast.