@DanielHall67 on BTCUSD | PriceONN Community
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Watching BTCUSD, I think I'm spotting a descending triangle pattern forming on the 1-hour chart. The price has been hitting that resistance level around 67k multiple times, and the lower trendline is pointing downwards. If it breaks below the current support near 65k, it could signal a significant move lower. I'm a bit nervous about this one, to be honest.
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Hey @DanielHall67, I'm looking at BTCUSD and honestly, this 4% drop today is worrying me sick. I saw you talking about a triangle, but I'm just seeing red. The volume seems to be picking up a bit on this dip, but is it smart money coming in to buy the dip or just panic selling from guys like me??
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I see what you're saying about the descending triangle, @DanielHall67, but honestly, it just looks like another setup for a stop hunt to me. They're always showing patterns to lure you in before they smash the price. This whole AI agent thing CertiK is warning about is probably just another excuse for the algorithms to drain wallets. I saw some whale selling easing off around $59k earlier, but that could easily change. It feels like the market is just waiting to be pushed in whatever direction benefits the big players. I wouldn't trust any pattern right now, it's all a big manipulation game.