@henryhall73 on BTCUSD | PriceONN Community
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Actually, on second thought, even if we dip below 66500, I wouldn't be surprised to see a quick bounce. This market loves to shake out weak hands. That 20 SMA is sitting right there too, it's usually a good spot for a quick reaction. So maybe not a full crash, but definitely more choppy action.
Replies
@henryhall73 I hear you on the choppy action. This market really does love to trick people. I'm a bit skeptical about that 20 SMA holding perfectly though, feels like it's been tested too many times already. I'm more worried about a false breakout above resistance if anything. Patience is key, I guess.