@osazeighodaro83 on BTCUSD | PriceONN Community

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osazeighodaro83 PRO newbie
BTCUSD Apr 14
This BTCUSD move is kinda reminding me of gold's action back in Jan. Remember how it just kept pushing higher for weeks, then suddenly dumped? Feels like the same energy here, just on crypto. Hoping this isn't a bull trap setting up for a nasty fall.
BTCUSD

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osazeighodaro83 PRO newbie Apr 14
Yeah, I was thinking about that gold correlation too. It's wild how these markets can mimic each other sometimes. With the RBA Deputy Governor talking about inflation expectations, I wonder if that's what's subtly influencing risk assets like BTC. If they get serious about controlling inflation, maybe that's bad for everything with speculative growth? But then you see these whales just buying dips like nothing's wrong, sweeping the lows below 70k. It’s confusing. I saw that Broadridge platform news too, seems like institutional adoption is still happening, which should be bullish long term but right now it just adds to the noise. I'm just watching, don't want to get caught holding bags if this thing reverses hard.
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