@smartin577 - BTCUSD | PriceONN Topluluk
S
I'm trying to wrap my head around the interplay between the SMAs and the current price action on BTCUSD. We're seeing the 20 SMA just above the current price, and the 200 SMA is not far behind. What happens if the price breaks below the 200 SMA at 68626? Is that a strong sell signal, or could it just be temporary noise? Also, how much weight should we give these indicators when external factors like regulatory news or macroeconomic data could override technical signals? I'm curious to hear how more experienced traders incorporate these factors into their analysis. Any insights would be greatly appreciated.