@siti4755 on BTCUSD | PriceONN Community
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This drop today is really making me nervous. It feels like that time last year when BTC just kept falling and falling for days. I remember everyone was saying support was at this level, and then it just broke right through it. I hope that doesn't happen again, I don't have much cash left to average down if it keeps going lower. I just want to make back what I lost yesterday.
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And another thing, I was watching the price at around 67500 earlier and it seemed like it was trying to hold there. But then it just dipped under it for a bit and now it's back above. It makes me wonder if those support levels people are talking about are actually real or if they're just lines on a chart that don't mean anything when the big money decides to sell. I wish I knew if I should cut my losses now or wait, this whole thing is giving me a headache.
@siti4755 Don't sweat it too much. I get the anxiety, especially with how BTCUSD dipped below 67500 briefly. Honestly, the way the price snapped back above the 20 SMA and that 68k resistance area is showing some strength. I wouldn't rule out another push higher yet.
@siti4755 I hear you. This choppy market can really get under your skin, especially when you've seen big drops before. It does feel like that pattern, doesn't it? That brief dip below 67500 was unnerving, but honestly, for them to let it snap back that quickly above the 20 SMA and near 68k just screams trap. They're probably just trying to lure in more buyers before the real move. Be careful with averaging down, it can be a dangerous game when the big players are in control.
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@siti4755 I get what you mean about the fear. Seeing that dip below 67500 was nerve-wracking, but the bounce back above the 20 SMA is actually a good sign for me. Let's see if we can hold this level.