BTC's Weekend Woes: Pump or Dump Ahead?
GM crypto bro's, sorry for no BTC update on the 14th due to busy real-life work.
Alright, continuing with BTC, this morning it's still quite bearish. Yesterday's candle on the 14th was strongly bearish and almost entered the orange zone area at 64865 - 63261. However, the fear and greed index is at 74 (greed), while the stoch RSI has entered the oversold area.
As usual, it's the weekend, which typically means low volume in the market. My personal opinion is there's a 60% chance for a pump without entering the orange zone area and a 40% chance for BTC to dump into that area.
Again, don't be FOMO, stay safe, keep calm, always manage your risks and as always, that's it for today's crypto update.
I'm Akki, one chart, one vision.
Alright, continuing with BTC, this morning it's still quite bearish. Yesterday's candle on the 14th was strongly bearish and almost entered the orange zone area at 64865 - 63261. However, the fear and greed index is at 74 (greed), while the stoch RSI has entered the oversold area.
As usual, it's the weekend, which typically means low volume in the market. My personal opinion is there's a 60% chance for a pump without entering the orange zone area and a 40% chance for BTC to dump into that area.
Again, don't be FOMO, stay safe, keep calm, always manage your risks and as always, that's it for today's crypto update.
I'm Akki, one chart, one vision.
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