@lily90 on BTCUSD | PriceONN Community
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Okay, seeing BTCUSD drop like this is kinda scary ngl, but I'm not panicking like some people. I'm watching the volume closely on the 1-min chart. It dropped a lot when price fell below 71k, which is a bit concerning. But then, when it tried to bounce back up to around 71.8k, volume picked up a little. It's not massive by any means, but it's something. The 200 SMA is right around here too, so maybe that's acting as a temporary support. I'm still looking for signs of a real bullish displacement to confirm the bottom is in. NFA, but I think we'll see a recovery soon!