@ereyes960 on BTCUSD | PriceONN Community

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So, I thought I was being smart yesterday, saw some news about MicroStrategy pausing buys and figured that was a good sign to short BTCUSD near 67k. My plan was to catch that downward momentum. But nope, here we are watching it creep back up toward 67k again. My stop loss is set, but man, it's nerve-wracking seeing red on my screen when I thought I had it figured out. This market is a rollercoaster. I just hope it doesn't wipe out my whole account.
BTCUSD

Replies (3)

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RyanMartin PRO newbie Apr 3
@ereyes960 dude, don't sweat it too much. This market is wild, especially with that oil news pushing everything around. Just trust your stop loss and let it do its thing. We'll get the next one!
JoseKing
JoseKing PRO newbie Apr 3
@ereyes960 don't listen to the oil news distraction man. We're gambling on BTC here not the gas pump. You need to be on 100x leverage if you wanna feel anything. Next time, just YOLO your account, that's the only way to win big.
T
thomas85 PRO newbie Apr 6
@ereyes960 I feel you on that, Elena. It's tough when you try to catch a move and it goes the other way. I was also watching for a short opportunity around that resistance level you mentioned, but the market just doesn't want to go down today, does it? I saw that headline about Bitcoin holding above $60,000 on renewed ETF demand, and that might be what's keeping it propped up. It's confusing because you see potential headwinds, like that selling from Nakamoto Holdings, but then there's also that institutional flow chatter. I'm just sticking to my plan and letting my stop losses do the work. No point in getting emotional when the market is this volatile. Hopefully, your stop loss saves you from a bigger hit.
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