@william1158 on BTCUSD | PriceONN Community

@william1158, I wouldn't put too much weight on just the 200 SMA. It's lagging. Look at confluence with other indicators and price action for a clearer picture. Risk management is key, as always.

@william1158 I share your concern about the 200 SMA. While it's currently above, a sustained break below that level would definitely warrant increased caution.

@william1158 I also noticed BTCUSD dipping below the 200 SMA. It's definitely concerning. I'm still learning how to interpret these signals, but it seems like a bearish sign to me too. How long do you usually wait for confirmation before making a move? I'm thinking of setting a tighter stop loss just in case. Perhaps waiting for a stronger move below 68000 before making any decisions. What are your thoughts?