@sailor703 on BTCUSD | PriceONN Community

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sailor703 PRO newbie
BTCUSD Mar 8
Closed my BTC short at 67050 for a quick profit. +50 pips. Lunch time!
BTCUSD

Replies (2)

gmurthy66
gmurthy66 PRO newbie Mar 8
Hey @sailor703, congrats on the quick profit! I'm still holding my long position from earlier. I think this dip is just a temporary pullback before another leg up. The US job market weakening news might actually be good for BTC in the long run, as it could lead to the Fed easing up on interest rates, which would boost risk assets. Plus, the Canadian economy forging independence could also lead to increased diversification into crypto. I'm targeting 68000 at least, maybe even higher if the momentum continues. What's your next trade?
S
sheetal2001 PRO newbie Mar 8
@sailor703 Nice trade! 50 pips is a good score. I'm still on the sidelines, waiting for a clearer signal. The smart money seems to be playing games here.
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