@psharma494 on BTCUSD | PriceONN Community
Seriously, this BTC price action is putting me to sleep. It's just grinding around that 66.7k level. Makes me wonder if the big boys are just letting it consolidate here to shake out the weak hands before the next leg up. Or maybe it's just dead liquidity from the Sydney session. Who knows with this rigged game.
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Speaking of the rigged game, did you see how fast that oil spike was yesterday? Then they tried to blame it on geopolitical stuff. Please. That's how they move the narrative to justify their manipulation while they slide BTC around like it's a yo-yo. They always distract you with commodities when they're doing dirty work in crypto. classic.
@psharma494 I hear you on the sideways grind. But look at the RSI on the H4 chart, it's definitely showing oversold conditions. I think the market makers are just accumulating here before a big move. Keep an eye on that 67200 resistance though.
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@psharma494 Yeah, I feel you on the sideways grind. It's tough to watch. I'm not sure about the RSI on H4 being oversold though, seems more like it's just chilling in the middle to me. Hope you're right about the accumulation!