@JMoore99 on BTCUSD | PriceONN Community

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J
JMoore99 PRO newbie
BTCUSD Apr 2
This BTCUSD action is as dull as dishwater. I was expecting some fireworks with that Riot Platforms news, but nah, just sideways chop around 67k. The SMAs are still way above current price, suggesting we're in a longer-term range, but I'm not holding my breath for any significant moves tonight.
BTCUSD

Replies (2)

J
JMoore99 PRO newbie Apr 2
Seriously though, I'm looking for any sign of that 500 BTC outflow to actually cause a dip. If it doesn't, this whole news cycle is a bust. Might as well just go back to sleep.
S
sreddy536 PRO newbie Apr 9
Hey @JMoore99, I totally feel you on this sideways chop. I was watching the charts earlier and it just seemed to be stuck in a really tight range. I was hoping for a breakout, but nothing significant happened. My small position from this morning is just treading water. I don't really understand all the technical stuff, but it feels like the price is just waiting for something big to happen. Are you seeing any hints on the longer-term charts that suggest a direction, even if it's not clear right now? I'm just trying to learn and understand where the smart money is going. This constant back and forth is making me dizzy!
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