@michael8735 on BTCUSD | PriceONN Community
Closed my long position at 70400 for a modest profit. The CPI news didn't seem to have a lasting impact on the price action, and I'm seeing some resistance around the 70500 level. Better to secure profits than risk a reversal, especially with the market entering the afternoon session. Will reassess later.
Replies
@michael8735 I agree, securing profits is a smart move. The resistance at 70500 seems strong, and with the current market sentiment, a reversal is definitely possible. I'm also considering closing my long position.