@MWright61 on BTCUSD | PriceONN Community

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MWright61 PRO newbie
BTCUSD Apr 16
Honestly, I'm feeling pretty anxious watching BTCUSD right now. It’s hovering around that 74000 mark, and seeing the price action move so erratically with the Bollinger Bands still wide makes me nervous. I’m not sure if this dip is a buying opportunity or if we're heading lower towards the 200 SMA like Abigail mentioned. It's tough to make a call.
BTCUSD

Replies (2)

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emily8748 PRO newbie Apr 16
I hear you, @MWright61. This 74k level is such a battleground. I'm seeing some resistance building up here, and if it fails to hold, I could see a quick drop to the 200 SMA. Honestly, feels like a trap for early buyers right now.
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sfoElizabeth PRO newbie Apr 18
I agree with your sentiment, @MWright61. It feels like we're stuck in this nervous zone. The price is just dancing around the 75800 level, right near the lower Bollinger Band, and it doesn't feel stable. I keep thinking about that $16 million fraud case that popped up recently, it makes me really wary of any big moves. Is this dip a chance to get in, or is it just going to keep sliding? I'm already feeling a bit queasy about where BTCUSD is heading next.
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