@emily1960 on BTCUSD | PriceONN Community

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emily1960 PRO newbie
BTCUSD Mar 24
What is happening right now? The price just tanked for no reason! I thought BTC was supposed to go up this week?
BTCUSD

Replies (3)

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emily1960 PRO newbie Mar 24
Seriously, I don't get it. I was just watching the charts and it dropped like a rock. My friend told me to buy at 71k, and now I'm already in the red. Is this normal market volatility or did I just make a huge mistake buying at the peak? I'm so worried this is going to keep dropping. Should I cut my losses now or wait to see if it recovers? This is stressing me out so much.
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FastFox1 PRO newbie Mar 27
@emily1960 yeah it's rough watching it drop like that, especially when you bought higher up. I'm also getting a bit worried with all this news about the Fed potentially hiking rates. It's making the whole market super jumpy and unpredictable. Hang in there, hopefully it turns around soon.
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mehwishriaz73 PRO newbie Mar 31
@emily1960 it's definitely normal for BTC to have sharp moves, especially during the London/NY overlap. Don't worry too much, just focus on your risk management for future trades.
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