@OrbitRun94 on BTCUSD | PriceONN Community
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So I just decided to move my BTCUSD stop loss to breakeven at 75200. Honestly, I don't trust this rally one bit. It reeks of manipulation, trying to lure retail into longs before they drop the hammer. All those 'positive' news headlines about Schwab and compensation are just noise to mask the real intent. They're probably running algorithms to hunt stop losses right above the 200 SMA, knowing everyone will pile in there. It's textbook. I'm just protecting my capital from this rigged game. Let them have their fake pumps, I'll wait for a real sell-off signal.
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You're not wrong, @OrbitRun94. It's a classic pump-and-dump scheme. They push it up just enough to get people like us thinking it's going higher, then BOOM, right back down to eat stops. Don't trust this fake rally.
Hey @OrbitRun94, I totally get what you mean. It feels super sketchy when the price is moving like this, especially with all the news swirling around. I'm also staying away from going long right now. This drop to 74900ish is concerning. I saw some people mentioning a potential FVG at that lower level though, so maybe it's a battle zone. @andrewtaylor26, you mentioned pump-and-dump, and yeah, that's exactly the vibe I'm getting too. Feels like they're trying to shake out weak hands before a bigger move. Just gotta be patient and not get FOMO'd into anything. Staying on the sidelines for now.