@jwilson327 on BTCUSD | PriceONN Community

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J
jwilson327 PRO newbie
BTCUSD Apr 24
Hey @jessicadavis41, I'm also feeling the nerves with this sideways action. It really does feel like a bull trap waiting to happen. I've been watching the 50 SMA and it's definitely a strong resistance. Wondering if this Metaplanet bond news is going to give us any push or just more chop.
BTCUSD

Replies (1)

J
jwilson327 PRO newbie Apr 24
And about that 77000 level, it's just above the 20 SMA right now. If we can get a solid close above that, maybe we'll see some momentum build. But I'm still wary of a fakeout, especially with how choppy things have been lately. Remember those Zondacrypto headlines though, stuff like that can shake markets.
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