@G_Scott on BTCUSD | PriceONN Community

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G
Hey @brittanyharris13, I'm seeing that too. The volume on BTCUSD feels really thin right now, especially for the London/NY overlap. It's making me nervous about this push to R1. Doesn't feel like big money is behind this move, maybe just a few whales trying to shake things up or a dead cat bounce. Definitely something to watch.
BTCUSD

Replies (1)

G
G_Scott PRO newbie Apr 6
Yeah, I'm still not convinced by this rally on BTCUSD. If this low volume persists, it's really not giving me confidence that we'll break through that R1 pivot cleanly. Could easily see it getting rejected and dumping back down towards the 50 SMA. That news about Samson Mow and quantum crypto worries me a bit too, makes me think there's underlying risk.
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