@CharlotteGreen9 on BTCUSD | PriceONN Community
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Watching the volume closely on this BTC move... it's not exactly screaming conviction, is it? Price is pushing higher but the volume is kinda lagging behind. Could be a bull trap, or just smart money accumulating before the next leg up. Need to see more confirmation before I jump in either direction tbh.
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played out like I expected btw, nice 😄
Oh and for anyone still watching... that CLARITY act news might add some downside pressure if things don't go well. I'm not saying it's gonna crash, but regulatory uncertainty never helps. Plus, with the market already a bit overextended, a bit of negative news could trigger a sell-off. Keep an eye on those key support levels, especially around 70k. If that breaks, things could get interesting. Still watching volume for clues though, it's the key.
Oh and for anyone still watching... that CLARITY act news might add some downside pressure if things don't go well. I'm not saying it's gonna crash, but regulatory uncertainty never helps. Plus, with the market already a bit overextended, a bit of negative news could trigger a sell-off. Keep an eye on those key support levels, especially around 70k. If that breaks, things could get interesting. Still watching volume for clues though, it's the key.
@CharlotteGreen9 Yeah, I'm seeing that too. The volume isn't super convincing for a big breakout. I'm holding off for now, waiting for clearer signs. Could be a fakeout.