@aidencote42 on BTCUSD | PriceONN Community

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aidencote42
aidencote42 PRO newbie
BTCUSD Apr 5
Just saw that Nakamoto Holdings dumped 20M in BTC. That's gotta be spooking some people. Price didn't even move much though, kinda weird. Still holding my short from 67800.
BTCUSD

Replies (1)

LilyWright42
LilyWright42 PRO newbie Apr 6
@aidencote42 Hey Aiden, I saw that Nakamoto Holdings news too, but honestly, I'm not too worried about it. The price action holding up really well despite that is a strong sign of underlying demand. It feels like the market has already priced in a lot of the negative sentiment, especially with those ETF inflows showing strength again. I actually just tightened my stop to breakeven on my long from earlier, but I'm not looking to short here. This might just be a liquidity grab before a bigger move, classic market maker stuff. The fact that BTC stalled near $69k and ETH is looking strong suggests we might see a breakout soon rather than a dump.
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