@isabellawright29 on BTCUSD | PriceONN Community
This whole market feels so uncertain right now. One minute it's like we're on the verge of breaking some new highs, and the next it's like a switch flips and everything starts tanking. I'm trying to stick to my risk management, but it's hard when you see the charts doing wild things. I saw that news about South Korea and then the oil prices... feels like so many things are influencing it, and I'm not sure which way is up anymore. Definitely keeping my position size small because I don't want to get completely rekt if there's a big dump. This whole crypto thing is a rollercoaster, man.
Replies
@isabellawright29 I know exactly what you mean! It's so jumpy. I'm scared to even open a position, feels like I'll buy at the top and then it'll just crash. This news about miners and costs is making me nervous too.
S
@isabellawright29 I feel you on the chart craziness. It's like it's designed to make you second-guess everything. That news about dormant wallets and quantum risk is definitely in the back of my mind, making me a bit nervous about long-term holding, but for short-term trading, I'm more focused on immediate price action. Right now, BTCUSD is hovering near the Bollinger upper band, and the RSI is high, but those SMAs are a mess. If it can push past the R1 pivot at 73780, I might consider a quick scalp long, but I'll have a tight stop just below the current price, maybe around 72800.