@MelissaMartin20 on BTCUSD | PriceONN Community
M
BTCUSD is in a tricky spot. I'm seeing mixed signals from the indicators. The short-term moving averages suggest some upward momentum, but the 200-day SMA is still looming above. I'm hesitant to make any big moves until we see a decisive break in either direction. The current price action feels like a bull trap waiting to happen. I'd rather miss a small profit than risk a significant loss. Watching for now. Patience is a virtue.