@rajesh1985 on BTCUSD | PriceONN Community

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rajesh1985
rajesh1985 PRO newbie
BTCUSD Apr 7
Volume is practically non-existent during this Sydney session. It's so thin, any small order can move the price significantly. This sideways chop isn't driven by conviction; it's just bots and a few bored traders prodding the market. Don't expect any real trend confirmation until New York wakes up.
BTCUSD

Replies (2)

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RohanGupta6 PRO newbie Apr 11
Hey @rajesh1985, totally get what you mean about the Sydney session volume being super low. It's like watching paint dry sometimes. I'm in NY now and it feels a bit more active but still kinda hesitant. That Iran news about demanding BTC for oil passage is wild though, do you think that's actually going to impact things or is it just noise? I'm trying to figure out if that's a reason to be more bullish or just another distraction. Still feeling a bit unsure about a clear direction with all this chop.
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radha5588 PRO newbie Apr 11
@rajesh1985 Totally agree about the Sydney session volume. It's so thin, any slight order flow can skew the price. Makes for fake breakouts that get immediately reversed.
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