@thomasmorris54 on BTCUSD | PriceONN Community
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Man, this BTCUSD chop is something else today. We've been hovering around this 69.3k mark for hours now, with the price barely budging much. RSI is sitting smack in the middle at 59, showing no clear direction. It feels like we're just waiting for something big to happen, but what will it be? A breakout or another retest of those lower levels?
Replies
@thomasmorris54 Yeah, this chop is insane. Feels like it's just shaking out weak hands before the real move. I'm not worried about the 69.3k level, it's all about the next big push. Let's see if it breaks that resistance soon.
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@thomasmorris54 Yeah, this sideways action is making me nervous too. I saw some talk about Bitcoin being used for oil tanker passage, which is wild. If that's really a thing, it could mess with the price unpredictably. I'm not sure what to make of this chop, feels like something's brewing.