@amelia2174 on BTCUSD | PriceONN Community
Still holding my short position from earlier around the 68500 mark. It’s been a nail-biter all afternoon. The initial drop was strong, and I saw that news about the Fed possibly hiking rates again, which definitely spooked the market and helped push BTC down. I’ve actually moved my stop loss down slightly to around 67800. Not quite breakeven, but it protects some of the unrealized gains if we get another leg down. The price action around 66000 feels a bit sticky though, almost like it’s trying to find a bottom. I’m watching the hourly chart very closely for any signs of consolidation or a potential reversal, but honestly, I'm just hoping this bearish sentiment continues for a bit longer. This volatility is intense, though.