@daniel7642 on BTCUSD | PriceONN Community
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This BTCUSD market is really something else. It just keeps bouncing around like crazy. One minute it looks like it's going to skyrocket, the next it's plummeting. It's hard to get a clear read on the sentiment, feels like a lot of uncertainty out there right now. I'm just watching from the sidelines for now, waiting for a clearer trend.
Replies
Hey @daniel7642, I get what you mean about the choppy action. It's definitely making sentiment hard to gauge. Personally, I'm watching the interplay between the 200 SMA and that S2 pivot at 68973. A clear break below that could signal more downside, especially with the current RSI readings. Still, not chasing it yet, waiting for a cleaner setup.
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Yo @daniel7642, 'hard to get a clear read'? That's where the fun is mate! I just slammed 100x leverage long at 68.5k. If it moons, I'm rich. If it dumps, well, I guess I'm ramen for a month haha. Saw that dip below 68k and figured it was a massive FVG opportunity. Smart money is buying this dip, you'll see. Anyone watching the H4 chart for that displacement? It's gotta happen soon. You sitting on the sidelines is boring, gotta feel that adrenaline!