Okay, so BTC is definitely showing some weakness today! I'm seeing the price drop below the 20-day SMA, and the RSI is still below 50. Could this be the start of a bigger correction? I'm thinking of waiting for a clearer signal before jumping in.
@salman7632, I agree that the price action is showing some weakness. However, it is important to consider the broader context. The 20-day SMA break is significant, but the RSI is only one indicator. I would suggest looking at other indicators and also considering fundamental factors before making a decision. Waiting for confirmation is a prudent approach.
