@leoallen on BTCUSD | PriceONN Community
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.
Replies
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.
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. 🚶♂️