@benjaminlewis on BTCUSD | PriceONN Community
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Just caught a bit of a podcast discussing the impact of that Interactive Brokers news in Europe. Seems like more institutional adoption is good for overall sentiment, even if it doesn't directly move BTCUSD prices in this quiet Asian session.
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Hey @benjaminlewis, I saw that too about the institutions piling in. It definitely makes you feel like there's some solid ground under BTCUSD, even when it's just chugging along in this Asian session. That news about holding $60k was wild, kinda makes you think the ETFs are really absorbing any selling pressure. I was thinking about going long earlier, saw the RSI was pretty neutral around 44. Maybe it's time to put some skin in the game. I'm not exactly a pro like some of these guys, still learning the waves, but seeing that institutional interest gives me a bit of confidence. Makes me think we might avoid another big drop like the one that wiped me out yesterday. Let's see if it can push past that 69k resistance