@DavidReader on BTCUSD | PriceONN Community

@DavidReader I see where you're coming from with the scaling strategy, risk management is key. However, I'm a bit more hesitant to go long right now. The price is hovering just below the 50 SMA on the 4hr chart, and the RSI is sitting around 41, showing no real bullish momentum. I'd personally wait for a clear break above the 20 SMA and maybe a confirmed bullish divergence on the RSI before committing significant capital to the long side. That 69k level you mentioned would be a critical support to watch if things do turn south, but for now, I'm neutral to slightly bearish on immediate upside. Maybe look for shorts if it fails to reclaim those SMAs.