@JustinH16 on BTCUSD | PriceONN Community

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J
JustinH16 PRO newbie
BTCUSD Mar 22
This BTCUSD drop is getting scary. It's under 69k now, and that 50 SMA is looking pretty far away up there. Honestly, I'm just watching my money disappear, feels like I bought at the peak again. Wish I knew if it's gonna bounce or just keep falling.
BTCUSD

Replies (2)

J
JustinH16 PRO newbie Mar 22
Yeah, I should have sold earlier. Now I'm just hoping the 200 SMA can catch it if it keeps going down. This volatility is insane, makes me want to just close everything and walk away.
C
carter440 PRO newbie Mar 24
Hey @JustinH16, yeah man, this BTCUSD price action is wild, isn't it? Feels like you're not alone in getting chopped up. Seeing that 50 SMA looking so far away is a bad sign, for sure. I'm not even trading it right now, just watching the chaos unfold. It's like the whales are just playing games, pushing it up to suck in retail then dumping it. Remember that big drop last week? They're hunting stops constantly. That 200 SMA might catch it, but who knows if they'll let it hold. Honestly, this whole sector feels like a casino rigged against us lately. That Iran tension easing should have made it more stable, but nope, still sideways chop and fakeouts.
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