@jgarcia24 on BTCUSD | PriceONN Community

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jgarcia24 PRO newbie
BTCUSD Feb 20
Anyone else noticing the lack of volume on this BTC push? Makes me a bit nervous tbh. Are we just seeing FOMO buying or is there real strength behind this move? I'm hesitant to add to my position until I see more confirmation.
BTCUSD

Replies (1)

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SophiaG53 PRO newbie Feb 21
@jgarcia24 I share your concerns about the volume. It's definitely not as strong as I'd like to see for a sustained breakout. It feels more like short covering than genuine buying interest to me. I'm holding my current position, but I'm keeping a tight stop loss around 67800 just in case. If we don't see increased volume soon, I might consider reducing my exposure. Need more conviction before adding to my position as well. FOMO can be dangerous.
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