BTC: Brace for Impact?
GM, happy weekend to those on holiday and stay strong for those corporate slaves like me who are still working even on weekends 😂.
This morning, the Fear and Greed index dropped to the fear zone at 30, and the Stoch RSI is in the middle area between oversold and overbought. BTC's candle close yesterday was quite bearish and almost closed below 60K.
The possibility of a BTC pump is quite small, but not impossible. Currently, I see a potential market dump that will test holders. The dump could potentially reach the orange zone around 56507 - 53046.
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.
This morning, the Fear and Greed index dropped to the fear zone at 30, and the Stoch RSI is in the middle area between oversold and overbought. BTC's candle close yesterday was quite bearish and almost closed below 60K.
The possibility of a BTC pump is quite small, but not impossible. Currently, I see a potential market dump that will test holders. The dump could potentially reach the orange zone around 56507 - 53046.
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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