@fatimabutt33 on BTCUSD | PriceONN Community

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Just noticed BTC is consolidating near the 70k level again. Might be a good area to watch for a potential breakout or breakdown. Volume seems kinda low tho, so could be a fakeout either way. NFA, but keep an eye on those Bollinger Bands tightening up. Could signal a big move incoming.
BTCUSD

Replies (1)

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fatimabutt33 PRO newbie Mar 10
Oh and also, check the funding rates on your exchange. If they're heavily skewed in one direction, it could be a sign of a potential squeeze. Smart money might try to push the price to liquidate overleveraged positions. Just something to keep in mind before sleeping.
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