@AbimbolaAdesanya on BTCUSD | PriceONN Community

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A
This sideways chop on BTCUSD today is really testing my patience. Price is just hovering around that 70k mark, not really doing much. I was hoping for a clearer direction after yesterday's news, but it's just consolidating. Feels like we're waiting for something big to happen, but what is it?
BTCUSD

Replies (1)

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AbimbolaAdesanya PRO newbie Mar 20
Actually, thinking about it more, this consolidation could be building energy for a breakout. If we see some smart money step in and push past the Bollinger band resistance near 71k, it could signal a move upwards. Or, if that S2 pivot at 69356 breaks, then we're looking at a deeper dive. Gotta watch those levels carefully.
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