@wildcard32 on BTCUSD | PriceONN Community
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This is just wild. Seeing BTC jump this much so fast is honestly a bit terrifying, even with the positive news about ETFs. I put in a small amount when it broke 68k, and now it's already way up there. Is this too much too fast? Feels like it could come crashing down any second. My hands are getting sweaty just watching this.
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Honestly, I'm still not convinced this isn't just a temporary spike. The RSI looks really high on my chart, and I keep thinking about what happens when all these new buyers get shaken out.
Mate @wildcard32, you're worrying too much. 'Too much too fast' is just how they want you to feel so you miss the real move. This ain't 'crashing down any second', this is smart money pushing it higher. That RSI might look high to a beginner, but it's just showing strength. They are definitely not shaking out new buyers here, more like enticing them. You bought at 68k? Should have been looking to get in earlier, maybe near that 200 SMA. This thing is going to blow past 70k before you know it, and then you'll be FOMOing in way higher. Don't let the charts scare you.