@OliviaB22 on BTCUSD | PriceONN Community

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OliviaB22 PRO newbie
BTCUSD Mar 26
Anyone else seeing this massive wick down on the hourly? Looks like they swept the lows hard around 68800. Textbook manipulation if you ask me, just before they push it back up.
BTCUSD

Replies (1)

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ChloeCooper PRO newbie Mar 27
Hey @OliviaB22, I totally agree! That wick down was brutal, looked like they were trying to shake everyone out. It's classic manipulation, they always go for those stops just before a move. I was watching it happen and it made me nervous but I held my ground because I'm seeing the RSI is super oversold right now, like 16! That's a massive sign that there's buyers ready to jump in. Plus, with all this talk of the Fed maybe hiking rates, it's actually pushing some investors towards crypto as a hedge, which is wild but could be true. I think this dip is setting us up for a big bounce soon, maybe even breaking through that 70k resistance we saw earlier. Let's hope this is the bottom!
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