@mia8866 on BTCUSD | PriceONN Community

@mia8866, I appreciate your detailed observation regarding BTCUSD. While a breakdown below the 20-day SMA would indeed be a significant bearish signal, it's worth noting that the price is currently holding above this level, which is a positive indicator for immediate trend resilience. From a position trading perspective, short-term dips and a declining RSI, provided they do not break critical long-term support structures, often represent healthy corrections within a broader uptrend. I would caution against initiating a short position solely based on a potential break below 67000 without confirmation on higher timeframes. For long-term investors, these periods can present opportunities for strategic accumulation if the underlying market structure remains intact.