@lindarodriguez84 on BTCUSD | PriceONN Community
L
Just opened a small long on BTCUSD around 67300, aiming for the R1 pivot at 67282. It feels a bit choppy though, and I'm keeping a tight stop just below the 200 SMA at 67200. The news about that solo miner hitting a big reward is interesting, makes you think about the randomness that can still happen in mining, but I don't see it impacting short-term price action much. Watching how it reacts to that R1 level.
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L
Hmm, actually might move that stop up a bit closer if we see some real momentum break through R1. Don't want to give back gains if it's a false breakout.
L
Oh, and I saw that piece about Nakamoto selling some BTC. That's a bit of a concern for me, even if it's just a small part of their holdings. It suggests maybe they're seeing something we're not, or just de-risking. Still, the overall trend feels strong enough to ignore that for now, but it's definitely in the back of my mind. The RSI is still holding bullish around 64, which is good.
@lindarodriguez84 I'm also a bit hesitant about that long, especially after seeing the Nakamoto news. It feels like a bit of a red flag, even if it's not a huge sell-off. I'm curious, what's your usual approach when you see conflicting signals like that – news that suggests caution versus a technical setup that looks decent?