@amartin415 on BTCUSD | PriceONN Community

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OMG, BTC just tanked below 71000! What's happening? I thought the support at 72000 would hold. Is this a flash crash or the start of something bigger? I'm so nervous right now, I don't know if I should close my long position or hold on. This volatility is insane!
BTCUSD

Replies (1)

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amartin415 PRO newbie Mar 5
Update: I panicked and closed my long position at a loss. Ugh. Should have stuck to my original plan. I'm now thinking maybe I should wait for a clearer signal before re-entering. Possibly wait for a confirmed break below 70000 or a bounce back above 72000. I'm also looking at the RSI, which is approaching oversold territory. Maybe a small scalp long if it bounces off of 30 RSI? Thoughts?
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