@oakinola259 on BTCUSD | PriceONN Community
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So, I was staring at the BTCUSD chart earlier, and it looked like it was trying to form some sort of bullish flag pattern around the 67k area. The consolidation seemed tight, and the volume was drying up nicely, which usually means a breakout is imminent. I was getting ready to place a long order, anticipating a move towards those 200 SMA levels up around 68.5k. But then, bam! Suddenly, the price just started dumping. It completely ignored the pattern and broke through S1 like it was paper. Now @DRao33 and @climberManish are talking about it falling further, and honestly, it feels like the chart just lied to me. It's always something, isn't it? Probably some whale dumping or news about Walmart adding more coins to their payment system just to shake things up.