@amit6290 on BTCUSD | PriceONN Community
This overnight move on BTC has been quite something. Woke up to a bit of a surprise and now trying to make sense of it all during this NY session. The volatility is definitely keeping me on my toes.
Replies
@amit6290 Yeah, this overnight move was definitely something. Waking up to see BTC above 74k after it was hanging around 70k yesterday is a shock. I'm with you on the volatility, it's making it hard to even think straight. My main concern is that the RSI is way up in overbought territory, almost 77 now. It just feels like it's too high too fast. I'm worried about a big pullback, especially with the quiet session right now. Thin liquidity can lead to some nasty spikes. I'm already seeing talk about how dormant wallets are a quantum risk, which adds another layer of uncertainty. I'm just watching my position, hoping it doesn't decide to dump while I'm trying to sleep. NFA, but I'm leaning towards caution here.
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Totally agree @amit6290, that overnight move was a shocker! 😮 Woke up and thought I was still dreaming, BTC just shot up. Now it's kinda just hanging around the 74k mark. This volatility is wild, makes you jumpy! I'm just trying to figure out if this is a real breakout or just a quick pump before a dip. Coffee's definitely needed to process this! ☕️