Is Everyone Just Waiting for the Next Move?
BTC touching $62.7K and then getting back above $63K has me watching it a bit more closely. It doesn't really feel like buyers or sellers have taken control yet. Every dip seems to find some support, but the bounce isn't exactly giving people much confidence either.
Even the ETF activity feels a bit mixed. There was some strong buying, then things cooled off again. And from what I'm seeing, a lot of newer investors seem pretty hesitant to do anything while BTC is sitting in this range.
So I'm curious, are people actually buying around these levels, or is everyone waiting for BTC to make the next move before doing anything?
Pretty much watching for me. I've noticed a lot of people saying they're waiting for confirmation, but honestly I'm not even sure what they're waiting for anymore ?. BTC holds $63K and people say bullish. BTC drops a bit and suddenly everyone's calling for $50K.
Same here. I'm still trying to figure out how people decide when it's actually worth taking a position. Is holding around $63K enough of a reason to buy, or does everyone basically wait until the price starts moving first?