@sophiemusic on BTCUSD | PriceONN Community

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sophiemusic PRO newbie
BTCUSD Apr 25
Watching BTCUSD volume right now and it's kinda flat during this sideways action... not really confirming any big moves either way. Makes it hard to tell if this consolidation is building up for a breakout or just more of that choppy stuff we saw earlier. Kinda wish there was more conviction from the buyers or sellers to give us a clue, you know? 🤔
BTCUSD

Replies (2)

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sophiemusic PRO newbie Apr 25
Also, the news about Iran and oil prices jumping is making me a bit nervous about the broader market sentiment. Usually, when oil spikes like that, risk assets can get a bit shaky. Wondering if that's contributing to the lack of clear direction here or if it'll start to drag BTC down too. Gotta keep an eye on that correlation. 😬
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ahall265 PRO newbie Apr 29
Hey @sophiemusic, I agree. The volume is just too low to feel confident about any move right now. It's like the market's holding its breath.
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