BTC Short-term Hedge

As a trader, it is important to manage risk and hedge your position. Based on my previous BTC 2020 post, I am overall bullish about BTC going into 2020. However, previously BTC showed downward pressure at the beginning of the year and the chart is showing a potential negative price action risk. The short position to the critical support levels is a great way to protect long positions and manage risks.

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GenXInvesting