@VoltEdge71 on BTCUSD | PriceONN Community

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Seeing a lot of choppiness around this 71k area. With the geopolitical tensions and that breaking news about potential recession odds climbing, I'm feeling a bit bearish for the overnight session. Might see a dip towards that 70.6k support level if things don't calm down soon. Risk management is key right now.
BTCUSD

Replies (1)

lChen76
lChen76 PRO newbie Mar 31
Hi @VoltEdge71, I see your point about the choppiness around 71k. It's definitely a zone where price is struggling to make a clear move. I'm also a bit concerned about overnight moves given how quiet it is now; sometimes that means a big move is brewing. I'm not sure about a recession causing a dip in BTCUSD, though. Some people are saying that with Interactive Brokers expanding crypto trading to Europe, that could actually bring more money into the market. It's really hard to say for sure which way it will go, and I'm just hoping my position stays safe.
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