@AJackson82 on BTCUSD | PriceONN Community

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A
AJackson82 PRO newbie
BTCUSD Mar 22
This current price action for BTCUSD feels a bit too quiet. With the recent news about institutions still piling into digital assets despite volatility, I'm worried this dip could be a bear trap. They might be letting it dip to shake out weaker hands before another push higher. We've seen this setup before where a seemingly bearish trend just lures people in before reversing hard. Keep an eye out for that false breakout lower.
BTCUSD

Replies (1)

A
AJackson82 PRO newbie Mar 22
And the institutions are still buying, which is weird. If this was a real crash, why would they be adding? It makes me think they know something or are manipulating it. The price is hovering near that 68k level, which looks like support on the charts, but the RSI is still showing weakness. It's a tough call whether to trust the big money or the indicators right now.
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