@sAllen18 on BTCUSD | PriceONN Community

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sAllen18 PRO newbie
BTCUSD Apr 1
Did you guys see that news about Mercado Coin? It's getting phased out. Makes me wonder if other crypto rewards are next, kinda scary tbh. I just bought some more BTC around 68k hoping it would go up but now I'm worried. Is this a sign that crypto is just too risky?
BTCUSD

Replies (1)

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finley1346 PRO newbie Apr 6
@sAllen18 I understand the concern about news like that impacting crypto. However, BTCUSD seems to be holding up quite well above that 68k level you mentioned, which is a good sign. The NFP data yesterday was strong, and we're seeing renewed ETF demand pushing price up. Focus on the technicals for now; the chart still looks bullish with price above the key SMAs.
EURUSD 1.16399 +0.08%
GBPUSD 1.34577 -0.04%
USDJPY 159.85200 -0.02%
XAUUSD 4,501.00 +0.30%
XAGUSD 74.42 -0.90%
BTCUSD 63,711 -5.74%
SP500 6,572.87 +0.74%
BRENT 97.81 -1.08%
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