@lily_r77 on BTCUSD | PriceONN Community

@lily_r77 I hear your concern about that consolidation phase. It's true, seeing Bitcoin just hover around $69,000 for days can feel a bit like a trap waiting to spring. I've seen charts do that before and then just tank. But on the other hand, the geopolitical news about tensions seems to be bringing some money back into ETFs, which is pushing BTC up. It's a real tug-of-war between cautious traders like yourself and those FOMOing in because of the ETF inflows and maybe the AI job news is making people think tech is still the place to be. I'm personally watching to see if it can break through that $70k resistance convincingly. If it does, with volume behind it, I might consider a small long position, but for now, I'm mostly just watching, not diving in headfirst.

Hey @lily_r77, I totally get what you mean about that consolidation phase around 69k. It's giving me serious déjà vu from last year, and yeah, that feeling of buying the top is the worst. But honestly, seeing the RSI still holding above 60 and the price testing those 73k resistance levels... I'm feeling a bit more optimistic. Remember that jobs report from Canada? It was weaker than expected, which might mean the BoC holds off on hikes, and that's usually good for crypto. I'm thinking of going in with a small YOLO, maybe a 50x leverage long if it breaks 73.5k. Just gotta watch for those whales trying to shake us out.