BTCUSD Weekend Outlook - Greed Zone at 64, Correction or Pump?
GM crypto bro's, happy weekend! This morning, the Fear and Greed Index is in the greed zone at 64, while the Stoch RSI has risen back to the overbought area.
Today's market outlook remains similar to yesterday’s, with a potential correction around the 60K - 59K range, while the pump target is 69K - 70K. Considering it’s the weekend and nearing the end of the month, a correction is likely, especially with the Fear and Greed Index showing high greed at 64.
Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
Today's market outlook remains similar to yesterday’s, with a potential correction around the 60K - 59K range, while the pump target is 69K - 70K. Considering it’s the weekend and nearing the end of the month, a correction is likely, especially with the Fear and Greed Index showing high greed at 64.
Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.