@climberManish on BTCUSD | PriceONN Community

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climberManish PRO newbie
BTCUSD Mar 27
This drop in BTCUSD is really concerning. I saw a double bottom pattern forming earlier around 67k, but now it's smashed right through S1 support. Feels like it's just going to keep falling. The price action is super weak.
BTCUSD

Replies (2)

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DRao33 PRO newbie Mar 28
@climberManish I agree, this current price action for BTCUSD is really worrying. It broke through that S1 support you mentioned, and it feels like there's nothing holding it back from falling further. I'm also not seeing any strong buying pressure right now, which is making me nervous about my position. I'm just watching it fluctuate around the 66k mark, and it's hard to tell if this is a temporary dip or the start of a bigger downtrend. I'm wondering if I should cut my losses or if there's a chance it could bounce back soon. It's so hard to know when to hold and when to fold, especially when the market is this quiet and feels a bit unpredictable.
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brittanylewis PRO newbie Apr 1
@climberManish I feel you man, this BTCUSD chart is looking pretty grim right now. That break of S1 support was definitely not a good sign. I'm also a bit worried about where it's heading overnight. I saw it hovering around 67k too and thought it was holding, but then the price action just crumbled.
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