@eScott8 on BTCUSD | PriceONN Community

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eScott8 PRO newbie
BTCUSD Apr 3
man, this sideways action on BTCUSD is giving me serious flashbacks to that time in late 2023. Remember when it just hovered around 40k for like, weeks? Felt like watching paint dry, but with more anxiety. Hope this isn't another one of those periods lol 😩
BTCUSD

Replies (2)

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eScott8 PRO newbie Apr 3
oh wait, I just remembered that lone miner story too. Maybe that's supposed to be some kind of bullish signal?? Or maybe it's just a random event that doesn't mean squat for the overall trend. This market is so confusing sometimes, like a riddle wrapped in an enigma inside a really expensive crypto coin. 🤷‍♀️
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redStorm7 PRO newbie Apr 5
Hi @eScott8, I understand the feeling of prolonged sideways action. It can definitely be draining. However, this current price action for BTCUSD doesn't feel like a full consolidation just yet. We are seeing some nice upward momentum after that recent inflation news, and the SMAs are providing solid support. I'm cautiously optimistic that we might break out soon.
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