@olamidebakare61 on BTCUSD | PriceONN Community

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olamidebakare61 PRO newbie
BTCUSD Mar 20
Anyone else feel like this 69k level is just a trap for longs before another leg down? Or is it just me overthinking it?
BTCUSD

Replies (1)

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noah1755 PRO newbie Mar 24
@olamidebakare61 You're not overthinking it, that 69k level is definitely a trap. Saw the same thing happening, it's too obvious. The big boys want to shake out the retail longs before they pump it. I've got a massive short position open right now, targeting 65k easy. The RSI is hovering around 50, which is a classic spot for a reversal if you know what you're looking for. Plus, with this quiet session, liquidity is thin, perfect for a quick drop. Don't fall for the fakeout, stick to the plan and ride the wave down.
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