@SwiftMark74 on BTCUSD | PriceONN Community

@SwiftMark74, I agree that risk management is crucial right now. I am watching the SMAs closely too. While price is below the 20 and 50, the 200 is still holding. I'm hesitant to call it a full-blown bearish trend until we see a clear break and hold below that 200-day SMA around 67872. A bounce off that level could invalidate the short thesis, at least temporarily. I'm more inclined to wait for confirmation before committing heavily to either direction. What are your thoughts on the importance of the 200 SMA in this context?