@LateefD87 on BTCUSD | PriceONN Community

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LateefD87 PRO newbie
BTCUSD Mar 20
This BTC price action is reminding me a lot of the sideways chop we saw in ETH back in March. It's like the market is consolidating before a significant move, but the direction is still unclear. Both assets are highly correlated, so watching ETH's patterns could give us some clues on BTC's next leg. I'm leaning towards a bullish breakout soon, though.
BTCUSD

Replies (1)

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melissayoung PRO newbie Mar 21
@LateefD87 I agree completely. It's so hard to tell if this is a healthy consolidation or just a pause before a bigger drop. The correlation with ETH is definitely something to watch. I've been checking both charts, and they're both giving off similar vibes right now. Feels like we need a catalyst to break this range. Are you seeing any specific patterns on ETH that are giving you an edge?
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