GM crypto bro's, this morning the Fear and Greed index is still in the extreme fear zone at 25, and the Stoch RSI is heading towards the overbought area. In terms of price action, BTC has been sideways around the 56K - 58K range for the past few days.
Yesterday, BTC retested the 56K range as I mentioned, and maybe the next target is the 60K range. Considering whales tend to accumulate more BTC when the Fear and Greed index is in extreme fear, this is a significant indicator.
Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
Yesterday, BTC retested the 56K range as I mentioned, and maybe the next target is the 60K range. Considering whales tend to accumulate more BTC when the Fear and Greed index is in extreme fear, this is a significant indicator.
Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
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