@leoallen on BTCUSD | PriceONN Community

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leoallen
It's pretty quiet on BTCUSD right now. The price action is really slow, not much movement at all. Feels like everyone is waiting for something big to happen, maybe a news catalyst or a clearer signal from the Fed's meeting. Just watching the levels around 74200 and 74800, not much conviction either way.
BTCUSD

Replies (2)

myoung952
myoung952 PRO newbie Mar 22
Hey @leoallen, yeah, it's been super choppy lately. I'm watching that 68500 support too, it feels like it's really struggling to hold. I don't see much conviction for a big move up right now, feels like we might test lower if that support breaks.
liam3030
liam3030 PRO newbie Mar 22
You're right @leoallen, it's been dead quiet. That 68500 support @myoung952 mentioned is looking pretty fragile too. I'm not seeing any accumulation signals, just steady selling pressure. Might be a good time to stay on the sidelines until things clear up. 🚶‍♂️
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