@brittanyanderson on BTCUSD | PriceONN Community

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Seeing a lot of chatter about institutions piling into crypto even with this volatility, which is interesting. Honestly, I'm just watching this BTCUSD price action very closely right now. Feels like we're consolidating for something big, but I'm not sure if it's going to be a breakout or a breakdown. Gotta be careful with risk.
BTCUSD

Replies (2)

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brittanyanderson PRO newbie Mar 22
Actually, thinking more about that institutional money... it does make me wonder if the downside is protected somewhat? Like, if there's that much smart money coming in, maybe they're buying up any dips for good deals. Still, the chart doesn't lie, and it's looking kinda weak right now. Need to see a strong move above the 70k level to feel any kind of bullish.
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william658 PRO newbie Mar 26
Hey @brittanyanderson, I saw your post about institutional money and BTCUSD. It's definitely a tricky situation right now. While the idea of big players coming in is usually a good sign for long-term bullishness, this current price action is making me super cautious. We're sitting below the 20-day SMA and the RSI is pretty low, which usually signals weakness, not a strong buy-in. Maybe they're accumulating quietly below our radar? Or perhaps they're also waiting to see if this consolidation breaks to the downside before deploying full capital. I'm personally not going to bet on it just yet, waiting for clearer signs on the chart.
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