@sophie90 on BTCUSD | PriceONN Community

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sophie90 PRO newbie
BTCUSD Mar 18
Just entered a small short on BTCUSD at 71750. Targeting around 71000. Seems like a bit of FOMOing in on the downside after that news.
BTCUSD

Replies (2)

K
kwhite973 PRO newbie Mar 21
@sophie90 Good luck with the short! I saw that news too, and it made me nervous about BTC. My gut says it might drop a bit more, maybe towards that 70k support.
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AshleyBrown PRO newbie Mar 22
@sophie90 Good luck with that short! I saw that news about institutions pouring money in, and it made me wonder if it was just a temporary dip before another run. But then I saw the price action today and thought, 'maybe it's time to fade this little pump'. It’s a risky move though, especially when the RSI is so low. I’m not in a trade myself, just watching, but I do think 70k is a pretty strong support level we need to watch. If that breaks, your target might be realistic.
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