@miahall42 on BTCUSD | PriceONN Community

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miahall42
Been watching a few YouTube channels today, and a lot of them are talking about how BTC is looking pretty oversold on the RSI right now, around 28. Some are even calling it a potential buying opportunity if it holds these lower Bollinger Band levels. I'm still a bit hesitant though, given how fast it dropped.
BTCUSD

Replies (1)

S
stephaniephoto PRO newbie Mar 22
@miahall42 I saw some similar stuff on YouTube too. They were saying RSI is low and calling it oversold. But honestly, I'm so scared right now. I bought some BTC near 70k because someone on a forum said it was going to the moon. Now it's dropping and my loss is getting bigger by the minute. I don't know if I should sell and take the hit or hope it bounces back. These Bollinger Bands are confusing me and the RSI thing doesn't make me feel any better when I'm losing money. This volatility is just too much for me, I think I might be FOMOing in at the worst possible time.
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