BTC: Ready for Liftoff or Another Drop?
GM crypto bro's, this weekend morning Fear and Greed enters the neutral zone at 47, and Stoch RSI is still in the middle. Looking at the Monthly timeframe, there's a big chance BTC will drop to the orange zone first. However, from the Daily timeframe, it seems difficult to retest 64K again.
Overall BTC outlook remains the same as yesterday. For those trading futures, be cautious. If you haven't bought any, now might be a good time because it could fly to 80K tomorrow. For those who already hold and want to add more, you can accumulate at the current price, but a better price for accumulation would be at 56K, if it’s given.
Let's see how the crypto whales decorate the market as the monthly candle closes. Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
Overall BTC outlook remains the same as yesterday. For those trading futures, be cautious. If you haven't bought any, now might be a good time because it could fly to 80K tomorrow. For those who already hold and want to add more, you can accumulate at the current price, but a better price for accumulation would be at 56K, if it’s given.
Let's see how the crypto whales decorate the market as the monthly candle closes. Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
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