$PI
Fading QuicklySnapshot Window: 2026-07-08 14:20 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
$BTC and its relationship to the weekly SMA 200 Clip from yesterday's live stream Full stream here: youtube.com/watch?v=CAn0TQ … [Spoken audio]: So, what I want to talk about is the SMA200. Now, I've seen people in my view not necessarily describing the relationship with the price and the moving average properly. Like, oh, it's bumping into MA200 support. There's no support or resistance here. The price is chopping through. It doesn't care about this as a fixed level, which, in my view, it continues the behavior we saw in previous cycles. So if you go back in the way, way, way back machine, you can see how the price stuck to the 200, stuck to the 200, and then it started to chop through it. So what we know is, you know, it's the concept where you want to listen to what the price is doing in terms of a level and you watch it as long as it, as the price respects it. So this is clearly a well-defined level. And I have a video I just published on this topic. It's like How long do you watch a level? Look at all these great topics. You're gonna watch all this stuff. How long do you watch a level? No, I have so much stuff. It's in here anyway, but I thought I had just, uh, latest. I thought I just published the video. Basically, it's like, how long do you watch a level? It gives you a sense of you know how important it is and it has to do with here you go how long do I watch a level okay and it's the idea this is a well-defined level I'm watching it but thanks for hanging out again if the price starts to maybe chop through this level it's not a level anymore so if we're coming back here we're not really coming back to this resistance the price is chopping through it it's no longer respecting it so so you watch a level as long as the price watches the level as long as the price is respecting that level, which has to do with the SMA 200 here. The week the SMA 200 is neither support nor resistance right now. It's important to understand that concept. It's just a guidepost of the trend. It is the trend in classical charting, so it's chopping through that. It's just a guidepost. It doesn't really matter that much, the major level below for support.
