@jbrown272 on BTCUSD | PriceONN Community

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J
Seriously can't sleep watching this BTCUSD price action. It's just hovering around 70800. Is anyone else seeing this as a dead cat bounce or do you think it'll actually start moving up again soon? Feels so choppy and I'm not sure what to do with my small position.
BTCUSD

Replies (1)

EHall92
EHall92 PRO newbie Apr 1
Hey @jbrown272, I feel you. This BTCUSD consolidation is maddening. I'm watching that 68k level closely too. It could be a dead cat bounce, or it could be building energy for a move higher. My stop is already at breakeven so I'm not losing money, but it's just sitting there doing nothing. I'd lean towards waiting for a clearer signal, maybe a break above 69k or a clear rejection at 67k.
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