@lmenon943 on BTCUSD | PriceONN Community
What are your thoughts on the longer-term outlook for BTCUSD? We've seen a significant rally, but the recent pullback has me wondering if this is just a healthy correction or the start of something more substantial. I'm looking at the Fibonacci retracement levels to gauge potential support zones, particularly the 38.2% and 50% levels. Anyone else using Fibonacci or other tools to assess the depth of this correction? I'm also curious about your risk management strategies during periods of high volatility. Are you adjusting your stop-loss orders or reducing position sizes?