I sold at $7550, am I screwed or will it at least go back down to $7500?
You are not screwed if you purchased BTC below $7550,
Dont you read before you quote ? He says that he sold , he never said that he buys but we dont know if what price point he buy . if he buys lower than 7550 usd then he isnt screwed because he already earn some profit however if buys above 7550 usd then he is really screwed because there is no other way to recover his funds once he sold it all .