Bitcoin Reclaims $96K – Is $100K Within Reach This Month?
Good morning, crypto bro's! Starting from today's market update, I will likely focus more on the H4 timeframe rather than D1. Larger timeframes will only be reviewed every 3 to 7 days, while daily updates will now rely on the H4 timeframe.
This morning, the Fear and Greed Index remains in the Extreme Greed zone, currently at 78, while the Stochastic RSI is in the middle range, around 40.
As I mentioned in yesterday's market update, Bitcoin had the potential to revisit the 93K range, and it finally did. Now, it has climbed back to 96K.
The $96,900 - $97,500 range and the $99,700 - $100,200 range remain challenging areas to break. Challenging doesn’t mean impossible—based on current price action, there is a high probability for Bitcoin to hit 100K within this month.
As always, stay safe, don’t FOMO, always manage your risks, and that’s all for today’s update. This is Akki, signing off with one chart. Have a great day and stay SAFU!
This morning, the Fear and Greed Index remains in the Extreme Greed zone, currently at 78, while the Stochastic RSI is in the middle range, around 40.
As I mentioned in yesterday's market update, Bitcoin had the potential to revisit the 93K range, and it finally did. Now, it has climbed back to 96K.
The $96,900 - $97,500 range and the $99,700 - $100,200 range remain challenging areas to break. Challenging doesn’t mean impossible—based on current price action, there is a high probability for Bitcoin to hit 100K within this month.
As always, stay safe, don’t FOMO, always manage your risks, and that’s all for today’s update. This is Akki, signing off with one chart. Have a great day and stay SAFU!
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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.