@CRodriguez96 on BTCUSD | PriceONN Community
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Hey everyone, quick question about BTCUSD. With the price hovering around 68k, it feels a bit range-bound for a scalper like me. I'm seeing the Bollinger Bands pretty wide, which usually means volatility, but the price action isn't making big moves right now.
Are you all seeing a potential breakout soon, either up towards 69k or down towards 67k? I'm trying to figure out the best entry points for short-term trades. It’s tough when it’s not clearly trending hard. Any thoughts on how to approach these sideways markets for quick trades?
Are you all seeing a potential breakout soon, either up towards 69k or down towards 67k? I'm trying to figure out the best entry points for short-term trades. It’s tough when it’s not clearly trending hard. Any thoughts on how to approach these sideways markets for quick trades?
Replies
@CRodriguez96 Yeah, I'm seeing that range-bound action too. BTCUSD is playing coy. Could be coiling up for something big, or just a fakeout. Gotta love crypto!