@ShwetaPatel on BTCUSD | PriceONN Community

@ShwetaPatel I understand your caution with the current news environment, especially with the Dow Jones futures plunging. Moving your stop to breakeven is a prudent move, given the uncertainties. I am also finding it difficult to sleep with these market fluctuations. The constant stream of news makes it challenging to maintain a clear perspective. I am wondering if the current SMA values are providing any confluence for your trading decisions? I've been watching the 200 SMA around 68769, and it seems to be acting as a key level. Perhaps a more conservative approach is warranted until the market finds some stability. I might consider tightening my stops too!

@ShwetaPatel Breakeven is always a smart move when you're unsure, especially with all the conflicting news lately. I agree with @ChibuzoNwachukwu, that the Dow Jones futures and Trump's China probe adds to the uncertainty for BTC. I'm seeing a potential breaker block forming around 70200 on the 15m chart. If it breaks above that, we could see a nice run-up. But if it rejects, watch out for a dip back down to 69500-69000. I'm waiting for a clear signal before adding to my position.