@EthanBrown46 on BTCUSD | PriceONN Community

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EthanBrown46 PRO newbie
BTCUSD Feb 28
Given the current situation with BTCUSD, I'm curious to hear what others think about the possibility of a significant correction. The price has been relatively stable overnight, but the news regarding the US and Israel's military action creates a lot of uncertainty. Are people expecting a flight to safety that could negatively impact crypto, or are we anticipating a delayed reaction? Would appreciate any insights.
BTCUSD

Replies (1)

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EthanBrown46 PRO newbie Feb 28
Update: I'm considering a small short position as a hedge against my existing long-term holdings. The RSI is elevated, although the trend is neutral. I'll set a tight stop-loss just above the R1 pivot to manage risk, especially given the geopolitical situation. Any thoughts on this strategy?
EURUSD 1.16061 -0.21%
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BTCUSD 63,367 -6.25%
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