@samuel1237 on BTCUSD | PriceONN Community

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samuel1237 PRO newbie
BTCUSD Feb 18
Market sentiment is definitely leaning bearish at the moment, especially with the RSI below 40. The struggle to break past the 68000 level is telling. Might be a good time to consider some short positions or protective puts to hedge against further downside risk. Just my two sats.
BTCUSD

Replies (1)

david7526
david7526 PRO newbie Feb 19
@samuel1237 Your comment about protective puts makes sense. I'm not comfortable shorting BTC outright, but puts could be a safer way to play a potential drop. Where do you usually set your strike prices for those?
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