BTC Reaches 60K! Is the Pump Over, or Will We See 62K Next?GM crypto bro’s, this morning's fear and greed index is in the fear zone at 45, while Stoch RSI remains in its overbought area.
BTC saw a significant pump up to 60K, likely due to strong cutrate rumors, but that doesn't mean the potential for a correction to 55K has disappeared. However, the probability of hitting 61K - 62K is increasing.
The market is dynamic, don't FOMO, stay safe, keep calm. Always remember that in the crypto market, anything can happen. Always maintain your risk, and as always, that's the crypto update for today. I’m Akki, one chart, and have a nice day.
Bitcoindailyupdate
BTCUSD: Potential Drop to 55K After Reaching 57KGM crypto bro's, this morning BTC dropped back to the 57K range as I mentioned in yesterday's market update. The Fear and Greed Index also dipped further into the fear zone, dropping to 33 from yesterday’s 39.
The stoch RSI is beginning to move out of the overbought area, and based on today’s price action, there’s another possibility of BTC continuing its decline to the 55K range.
Remember, the market is dynamic. Don’t be FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market. Always maintain your risk. And as always, that’s the crypto update for today. It’s Akki, signing off with one chart, and have a nice day.
BTCUSD: Revisiting 58K, Eyes Still on 61K - 62KGM crypto bro's, this morning the Fear and Greed Index is back in the fear zone, while the stoch RSI seems tired of being overbought and may be dropping towards the oversold area.
Looks like BTC is not in the mood to hit 61K - 62K this morning and is just hanging out around the 58K range again 🗿. Based on today’s price action, there’s a possibility of a drop back to around 57K, but the potential pump to 61K - 62K is still our target for now.
Remember, the market is dynamic. Don’t be FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market. Always maintain your risk. And as always, that’s the crypto update for today. It’s Akki, signing off with one chart, and have a nice day.
BTC Correction to 59K – Next 61K?GM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 51. BTC made a slight correction last night to the 59K area. The next big possibility is still 61K - 62K.
Today's market update is mostly the same as yesterday. As always, the market is dynamic; don’t be FOMO. Stay safe, keep calm, and remember anything can happen in the crypto market. Always manage your risk. That’s all for today’s crypto update—this is Akki signing off with one chart. Have a nice day!