@noahward26 on BTCUSD | PriceONN Community

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noahward26 PRO newbie
BTCUSD Mar 26
This BTCUSD action is really starting to feel like that crazy Nasdaq run we saw a few months back. When tech stocks were getting hammered, BTC seemed to just follow suit, almost like it's trading on the same global liquidity tides. We're seeing that same kind of risk-off sentiment pushing everything down right now.
BTCUSD

Replies (1)

A
ahmad2001 PRO newbie Mar 29
Hey @noahward26, I get what you're saying about the Nasdaq correlation. It's definitely noticeable how BTCUSD seems to be mimicking broader market sentiment, especially with all this global liquidity talk. But honestly, I'm still a bit skeptical. The oil news is really wild right now, and I feel like that's creating a lot of uncorrelated noise. It's pushing everything around, and it's hard to tell if BTC is just following tech or if it's reacting to something else entirely. I'm keeping an eye on those S1 and S2 pivots you mentioned in Thread B, but with this geopolitical stuff, anything can happen. We might be seeing a short-term dip due to macro fears, but the underlying tech demand could still push it higher eventually. It's a tricky situation to read.
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