GM crypto bro's, happy weekend! BTC has finally pumped to the 60K area as mentioned in yesterday's market update. This morning, the Fear and Greed Index is in the neutral zone at 50, while the Stochastic RSI remains overbought.
Typically, after a pump, BTC may retest the 59K - 58K area. However, if it continues its pump, the next target is 61K - 62K. BTC often corrects when the Fear and Greed Index enters the greed zone, so a correction might follow after reaching 61K - 62K, possibly back to 59K - 58K.
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!
Typically, after a pump, BTC may retest the 59K - 58K area. However, if it continues its pump, the next target is 61K - 62K. BTC often corrects when the Fear and Greed Index enters the greed zone, so a correction might follow after reaching 61K - 62K, possibly back to 59K - 58K.
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!
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