@dcarter889 on BTCUSD | PriceONN Community

Update: I've initiated a small long position near the 20 SMA, with a tight stop-loss just below 67000. Targeting a move towards 68000 initially, but prepared to adjust if the price action warrants. The 50 SMA around 66994 provides an additional level of support to monitor. Any thoughts on the potential for a short squeeze if we break above 68000?

@dcarter889 I've also noticed that volatility during the Asian session! It can be a bit unpredictable, so I usually trade lighter during those hours. Good catch!

@dcarter889, the increased volatility during the Asian session is indeed notable. I've observed a similar pattern, potentially attributable to varying trading volumes and news flow from that region. A consolidation around the 20 SMA would suggest a potential continuation of the prevailing trend.

@dcarter889, I agree that the 20 SMA around 68194 is a key level to watch. If BTCUSD can sustain above this level, it could signal further bullish momentum. The increased volatility during the Asian session is indeed a factor to consider. Perhaps focusing on price action around these moving averages could provide valuable insights.