BTCUSD: 60K Drop! Fear Index at 34 - What's Next?GM guys, happy weekend... or not, as BTC dropped to 60K. This morning, the fear and greed index is still in the fear zone at 34, and the stoch RSI is still in the oversold area.
BTC has finally revisited the 60K area as I mentioned in yesterday’s market update. My personal market outlook suggests a low probability of BTC dropping below 60K, but in the crypto market, anything is possible, so a deeper drop is still on the table.
However, as usual, when the fear and greed index is in the fear zone, it usually doesn’t take long for the market to pump again, at least until the index reaches neutral before possibly dumping again, or continuing to pump until it hits greed.
Keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
Marketupdate
BTCUSD: Big Drop to 61K - Best Time to Buy?GM crypto bro's, woke up this morning to find BTC had dropped significantly to the 61K area. As of this morning, the fear and greed index has also dropped into the fear zone at 37, while the stoch RSI is still in the oversold area.
Yesterday, I mentioned a 20% chance of a drop, and that’s exactly what happened. There's also a chance BTC might test 60K again. But seeing the fear and greed index in the fear zone is the best time to buy more bitcoin.
And always keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
BTCUSD: Wild Swings - 62K Hit, Next Target 69K or 76K?GM guys, last night BTC dropped significantly to around the 62K area and then immediately pumped back to the 65K area. This morning, the fear and greed index is at 57 (greed), while the stoch RSI is still in the oversold area.
As I mentioned before, the 62K target was hit last night around 12:00. The next target is to retest the 69K area, with an 80% chance of breaking through to 76K and a 20% chance of BTC continuing to drop to the 60K area.
But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today.
"What you are fighting in the market is yourself. Because of that, control your emotions to be able to win in this game."
I’m Akki, one chart. Have a nice day.
BTCUSD: Major Move Ahead – Correction to 62K or Pump to 76K?GM crypto bro's, this morning BTC continues its correction, causing the fear and greed index to drop to 52 (neutral). The stoch RSI has entered the oversold area.
Our target price remains the same, around the 62K area for the correction, but an instant pump to 76K is still possible. The monthly close formed a doji with significant upper and lower wicks.
But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
BTCUSD: Will BTC Retest 62K or Pump to 76K? Stay Alert!GM guys, this morning BTC is still around 66K. The fear and greed index is at 61 (greed), while the stoch RSI has entered the oversold area. Overall, my personal outlook remains the same as yesterday: the potential for retesting the 62K area is greater than an instant pump to 76K at the moment.
But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
BTCUSD: Fear & Greed Drops! Will BTC Correct to 62K or 66K?GM Crypto bro's, this morning the fear and greed index finally dropped from 74 to 67, indicating reduced greed. The stoch RSI is also declining from the overbought area towards the oversold area.
Our target of 69K has been reached, and BTC even touched 70K before experiencing rejection from that area. Looking at the potential correction, there’s a 70% chance it will be around the 62K area and a 30% chance it will be around 66K. Considering the monthly candle closing in a few days, it's best to wait and see for now.
Keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
BTCUSD: Greed Index Rises! Will BTC Hit 76K or Correct to 62K?GM guys, this morning the fear and greed index increased from 71 to 74, indicating growing greed. The stoch RSI still has the potential to re-enter the overbought area. Overall, the price action remains the same as yesterday with a 40% chance of visiting 69K and continuing to our target of 76K, while there’s a 60% chance of correcting to around the 62K area.
But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
BTCUSD Hits 69K! Next Stop 76K or Back to 62K?GM guys, BTC market update this morning shows the fear and greed index at 71, indicating greed, and the stoch RSI seems to be heading back into the overbought area. Last night, BTC finally hit 69K and showed a strong rejection from that area.
However, looking at the chart this morning, there's a small potential for BTC to return to 69K and continue rising to our long-term target of 76K. The probability of this happening is around 40%, while there's a 60% chance BTC will retest around the 62K area.
Keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and as always, that's the crypto update for today.
I'm Akki, one chart. Have a nice day.
BTCUSD Targeting 69K Amid Greed Sentiment! Correction or BullishGM, this morning the fear and greed index is at 72, indicating greed, and the stoch RSI has exited the overbought area. In terms of price action, BTC has the potential for a minor correction to around 66K, but the price target remains at 69K.
However, this doesn't mean the potential for a correction to 62K is gone, so always be prepared with ammo in case BTC drops again. Keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm.
Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today.
I'm Akki, one chart. Have a nice day and happy weekend.
BTCUSD Rejection at 63K! Bullish Momentum Towards 69K?GM crypto bro's, this morning the fear and greed index is still in the greed zone at 68, and the stoch RSI has started to decline from its overbought area. In terms of price action, BTC has rejected from around the 63K area and is currently at 66K. The potential for a correction to 62K seems to be decreasing, and the potential to reach 69K is increasing due to the strong rejection from the 63K area yesterday.
But keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, and always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today.
I'm Akki, one chart, and have a nice day.
BTCUSD Correction Ahead? F & G Index Signals Potential Drop!GM crypto bro's, sorry for skipping the BTC update yesterday on the 24th due to a busy schedule in real life this month 😓. But I'll try to keep the daily BTC updates coming. Okay, moving on. This morning, the fear and greed index is still in the greed zone at 68, and the stoch RSI is starting to move out of the overbought area. This increases the chance for BTC to correct to around 62K as I mentioned before.
If BTC does retest the 62K area, the fear and greed index will likely drop back to the fear zone. But keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, and always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today.
I'm Akki, one chart, and have a nice day.
BTCUSD Approaching 69K: Pump or Correction Ahead?GM crypto bro's, sorry for not posting a market update for BTC on the 21st and 22nd 😅. This morning, the fear and greed index is at 71 (greed), and the stoch RSI is still in the overbought area. In terms of price action, BTC is very close to reaching the 69K area, as I mentioned a few days ago. However, given the stoch RSI is overbought, there's a potential drop to the yellow zone at 62538. The probability is 40% for a pump to 69K and 60% for a correction to around 62K.
But keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, and always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today.
I'm Akki, one chart, and have a nice day.
BTCUSD Eyes 69K: Bullish Momentum or Imminent Correction?GM crypto bro's, sorry for not posting a Bitcoin update yesterday, I was super busy and didn't have time to check the crypto market. This morning, the fear and greed index is up to 74 in the greed zone, and the stoch RSI is still in the overbought area. Looking at the price action, BTC has a big possibility to reach the 69K area rather than correcting to 62K.
Let's see and keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and as always, that's the crypto update for today.
I’m Akki, one chart, one family.
BTC Correction After Significant Pump! What's Next?GM guys, this morning BTC experienced a slight correction after several days of significant pumping. The fear and greed index this morning is at 61, indicating greed, while the stoch RSI is in the overbought area and has the potential to correct out of the overbought zone.
My personal outlook is that BTC has a big possibility of correcting to the area around 62610 - 61368 if the price successfully retests that area, especially considering it's approaching the weekend, which typically has low volume. If the fear and greed index drops to neutral or even the fear zone, there's a big chance BTC will continue its rise to 69K.
However, there is a small possibility for BTC to pump directly from the current price of 64K to 69K. But let's see and keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and as always, that's the crypto update for today.
I’m Akki have a nice day.
BTC Pump Continues! Heading to 69K or Retesting First?GM crypto bro's, this morning the market continues its bullish trend. The fear and greed index is currently at 69, indicating greed, while the stoch RSI remains in the overbought area.
Looking at BTC's price action, there is potential for it to continue pumping up to 69K, or perhaps it might retest the area around 62610 - 61368 first. My personal outlook suggests that the probability of heading straight to 69K is higher than retesting 62610 - 61368.
But keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and as always, that's the crypto update for today.
I’m Akki, one chart, one family.
BTC Pump to 65K! Fear & Greed Index Enters Greed Zone - Is a DumGM crypto bro's, this morning there was a significant pump in the market, and finally, the fear and greed index entered the greed zone again, precisely at 65. The stoch RSI is also already in the overbought area.
As I mentioned yesterday, once we are in the greed zone, a market dump is likely. But always hope for the best and prepare for the worst. Let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and as always, that's the crypto update for today.
I’m Akki, one chart,
BTC Hits 60K+! Is 64K Next? Fear & Greed Index at 52!GM, this morning BTC is quite bullish. As I mentioned before, BTC has finally reached 60K+ and has entered the yellow zone area of 60429 - 61639. The Fear and Greed index is currently at 52 (neutral), while the Stoch RSI is in the overbought area.
Currently, BTC has the potential to test 60K first, and then maybe rise to 64K. However, if the Fear and Greed index was previously in the fear zone, there's a possibility it will reach greed first, followed by the last dump to extreme fear.
But always hope for the best and prepare for the worst. Let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I'm Akki, one chart at a time.
BTC Headed for 60K? Fear & Greed Index at 33!GM, this morning the Fear and Greed index is at 33 (fear), and the Stoch RSI is starting to enter the overbought area, as I mentioned before.
My personal outlook remains the same as before: the first target is 60K++. Let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I'm Akki, one chart at a time.
Whales Are Accumulating! BTC Set for Next Target at 60K? GM crypto bro's, this morning the Fear and Greed index is still in the extreme fear zone at 25, and the Stoch RSI is heading towards the overbought area. In terms of price action, BTC has been sideways around the 56K - 58K range for the past few days.
Yesterday, BTC retested the 56K range as I mentioned, and maybe the next target is the 60K range. Considering whales tend to accumulate more BTC when the Fear and Greed index is in extreme fear, this is a significant indicator.
Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Enters Extreme Fear! Is This the Last Dip?GM crypto bro's, this morning the Fear and Greed index finally reached the extreme fear zone at 25, as I mentioned before. The Stoch RSI shows potential to head back to the oversold area.
BTC's price action is still similar to yesterday, with potential to reach the 56K area and maybe enter the orange zone again. My personal opinion is that July might be the last dip for BTC.
As long as the Fear and Greed index remains in the fear zone, we still have an opportunity to accumulate BTC. Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Drops to 57K! Will It Pump Back to 60K?GM, this morning BTC has dropped back to around 57K after previously pumping to around 59K. The Fear and Greed index this morning is at 29 (fear), and the Stoch RSI is still in the middle, heading towards overbought. Based on price action, it might go back to the 56K range and then pump to around 60K.
But keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Retesting 60K? Fear Index Still High!GM crypto bro's, this morning BTC is still moving sideways in roughly the same area as yesterday. The Fear and Greed index this morning is at 28, and the Stoch RSI is starting to approach the overbought area, increasing the chance for BTC to retest and enter the yellow zone area, possibly reaching around 60K. However, this does not mean the potential for a deeper drop has disappeared.
Psychologically, when the Fear and Greed index is in the fear zone, it usually tends to move towards extreme fear first. But keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
Tesla (TSLA): Expecting a Pullback Before the Next RiseIn our livestream a few days ago, we talked about the impressive rise in Tesla's stock. Since our last analysis on June 13th, the stock has jumped 38% in just 19 days. This was somewhat expected because there was a lot of negative sentiment towards Tesla, which often leads to a significant rise. Congratulations to everyone who believed in Tesla with us. Our position is currently profitable, and the stock looks very strong.
Current Situation:
The current situation shows that Tesla has risen 40 % in less than 25 days, even though there was a lot of negative sentiment. The stock is very strong right now, but a pullback is likely. We think the stock could go up to $256, finishing the sub-wave 3. After hitting this level, we expect a Wave 4 correction, which will give us a chance to make more entries.
Strategy:
We plan to enter between $217 and $200. We will set the stop-loss at about $198 to protect against a failed Wave 4 scenario. Our strategy involves expecting the Wave 4 correction to close follow-up gaps and retest important levels. Even though the performance is strong, we should be careful as this could still be a temporary rise before another drop (a dead cat bounce).
In conclusion, Tesla has shown impressive strength, but we expect a pullback before it goes up further. We are targeting the $256 level for the completion of Wave 3 and plan to enter more between $217 and $200, with a stop-loss at $198. We remain cautiously optimistic and will keep a close eye on the situation.