@fatima3873 on BTCUSD | PriceONN Community

Update: I'm re-evaluating my strategy after that stop-loss. Maybe I was too quick to jump into a short position against the overall trend. The 200 SMA is still below the current price, which indicates a bullish bias. I need to be more patient and wait for clearer signals before entering a trade. I'm thinking of looking for a good entry point for a long position if BTC retraces to the 68000 level. But I will keep a close eye on the RSI and volume to avoid getting trapped in a fake breakout. It's important to learn from mistakes and adjust your approach accordingly.