@vRobinson93 on BTCUSD | PriceONN Community
I've been watching BTCUSD closely and I'm starting to think a short-term pullback is likely, but it's all about the timeframe. The 20 SMA is right around 72840, acting as immediate resistance. If we break above that, I'll re-evaluate. I'm considering a small hedge against my existing long positions, just in case. I'm curious if anyone else is using hedging strategies in this environment? It feels like the only way to sleep at night with this volatility. What are your preferred methods?