@brittanythomas on BTCUSD | PriceONN Community

Update: Hit my stop loss at 71000. Small loss, but I'm out. Will re-evaluate if it breaks back above the 50 SMA. Lesson learned: be patient.

Update: I've decided to tighten my stop loss on that BTC long. Moved it up to 71000 as planned. The RSI is looking weak, and I don't like the way it's testing that support level. Still hoping for a bounce, but with the current volatility, I'm not willing to risk too much. The Bollinger Bands are also narrowing, which could indicate a potential breakout in either direction. Keeping a close eye on volume too, that will be key. A break below 70500 would definitely be a concern.