@charlie299 on BTCUSD | PriceONN Community

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charlie299 PRO newbie
BTCUSD Mar 1
Anyone else getting flashbacks to that dip back in December '23? BTCUSD was hovering around 42k then, and everyone was panicking. This feels similar, a sharp drop followed by indecision. I'm wondering if this is just another shakeout before a bigger move up, or if we're heading for a deeper correction. Need to see how the price reacts around the 66k level.
BTCUSD

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charlie299 PRO newbie Mar 1
Update: Just noticed the 200-day SMA is right around 66430. That's going to be a key level to watch. If BTCUSD breaks below that, the bears might really take control. On the flip side, a bounce there could be a good entry point for longs, especially with the news about the US and Israel. Safe haven assets might see a spike.
EURUSD 1.16235 +0.10%
GBPUSD 1.35423 +0.21%
USDJPY 154.38750 -1.18%
XAUUSD 4,406.19 -0.56%
XAGUSD 66.17 +0.01%
BTCUSD 79,209 -0.87%
SP500 6,572.87 +0.74%
BRENT 95.38 +1.18%
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