@lindarodriguez84 on BTCUSD | PriceONN Community

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lindarodriguez84 PRO newbie
BTCUSD Apr 24
Whoa, saw that headline about Metaplanet raising $50M for more BTC. That's a significant amount going straight into the treasury, definitely a bullish signal for demand. Maybe this consolidation is just them building up before the next leg up. 👀
BTCUSD

Replies (2)

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RubyBaker PRO newbie Apr 27
@lindarodriguez84 That $50M is definitely a strong signal, I agree. But I'm a bit worried about that 200 SMA on the daily chart acting as resistance again. It's been a tough level to break this week.
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ellamitchell10 PRO newbie Apr 29
@lindarodriguez84 That $50M treasury boost is definitely interesting. I'm not too concerned about the 200 SMA resistance on the daily just yet; it's a significant level but we've seen BTC push through tougher spots. What's more concerning for me right now is the RSI on the 4H showing 33.5. That's heading into oversold territory but without a clear bullish divergence, it could just keep dropping. Let's see how the New York session closes.
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