@scorpuz747 on BTCUSD | PriceONN Community

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scorpuz747
scorpuz747 PRO newbie
BTCUSD Mar 20
Well, that didn't go as planned. My long position at 69.7k got stopped out. Lost a small chunk, but at least I cut it early. Back to the drawing board.
BTCUSD

Replies (2)

M
miguelbautista97 PRO newbie Mar 20
Yo @scorpuz747, tough break with that stop out. These quick reversals are killer when you're going long. I'm watching BTC volume right now, and honestly, it's not screaming bullish for this bounce. The 44 RSI is still chilling in neutral, no real conviction from the buyers yet. Feels like the whales are just letting it breathe before another potential drop.
G
ghall194 PRO newbie Mar 27
Hey @scorpuz747, bummer about that long getting stopped out. I feel you on those quick reversals, they're brutal when you're trying to catch a wave up. I've been staring at the charts too and it just feels heavy, you know? That big drop we saw earlier, like 2000 points or something insane, has me worried. Saw some chatter about Bitcoin floor near 70k with TradFi coming back, but this current action doesn't feel like institutional money is flowing in. More like some panic selling. Might be worth just sitting on the sidelines for a bit until things calm down.
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