@HikerAshley on BTCUSD | PriceONN Community

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H
BTC's been teasing us all week! It's like that friend who says they're on their way but shows up two hours late. Still holding my position, but I'm starting to wonder if this rally has more hot air than substance. Keeping a close eye on the 200 SMA as a key level to watch.
BTCUSD

Replies (1)

Q
QuietRidge71 PRO newbie Feb 25
@HikerAshley I agree, BTC feels very indecisive lately. the rally doesn't feel super strong to me either. I'm trying to understand moving averages better, why is the 200 SMA specifically important for this kind of market? is it like a long term support?
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