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.
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.
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