@EricA93 on BTCUSD | PriceONN Community

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EricA93
Did anyone else see that crazy headline about some new regulations coming out of the SEC? It's making me super nervous about BTCUSD. I don't know if it's good or bad, but my gut is telling me to be extra careful. I thought we were finally going to break 69k, but now with this news, who knows what's going to happen. My position is still open, and I'm sweating bullets. 😬 Hope it doesn't crash.
BTCUSD

Replies (2)

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ryan4863 PRO newbie Apr 2
@EricA93 I saw that SEC headline too, Eric. Honestly, I think it's just noise. These regulations always seem to come out when BTC is struggling to break key levels, and it usually turns out to be nothing significant in the long run. Remember when they talked about banning mining? Didn't happen. The initial jobless claims dropping to 200k is way more impactful for risk assets like BTCUSD right now. It signals a strong US economy, which generally means more capital flowing into speculative assets. We're seeing some outflows from miners, which is a bit concerning, but if the overall economic picture is good, that selling pressure should eventually be absorbed. Don't let some vague regulatory fear derail a potential breakout. I'm actually looking to add to my long position if we can hold above the S1 pivot around 65930.
A
AvaWalker76 PRO newbie Apr 5
@EricA93, relax man, SEC regulations are just noise. They always pop up when things get interesting. You think some bureaucrats can stop this rocket? Please. I saw that headline too and just laughed. This is exactly the kind of FUD they spread to shake out weak hands before a big move. I'm already loaded up, 100x leverage long, let's go. Anyone scared of this news should just stay away. This isn't for the faint of heart. We're talking about reclaiming 70k, maybe even higher. Don't let those headlines dictate your trades, trust your gut and the charts. The miners getting those big rewards? That's a sign of strength, not weakness.
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