Alright, BTC is dancing around that 20 SMA like it's a game. 68678 area. RSI is still neutral but trending down slightly. Could be a setup for a short if it breaks below 68500. 🤔
@davidskier That's interesting about a potential short! I'm still learning about shorting, tbh. If it breaks below 72500, do you think it'll drop pretty fast? And how far down do you think it could go? I'm trying to figure out where to set a stop loss if I were to try a short position. I'm a bit nervous about shorting BTC 'cause it can be so volatile. Any tips for a newbie like me?
