Bearish Start to the Month, 55K in Sight?
GM crypto bro's! Happy Sunday! We’ve finally made it to a new month. 😊 This morning, the Fear and Greed Index is at 26 (fear), and the Stochastic RSI is still hovering in the oversold area, similar to yesterday.
Today's monthly candle closed bearish with a long wick down to 48K. As for BTC price action this morning, it still leans bearish, with a 60% probability of visiting the 55K area. However, an instant pump could still surprise us!
Always remember, the market is dynamic; don’t get FOMO, stay safe, stay calm. Remember, anything is possible in the crypto market right now. Anything can happen. Manage your risks, and that’s it for today's crypto update. This is Akki, signing off with one chart. Have a great day!
Today's monthly candle closed bearish with a long wick down to 48K. As for BTC price action this morning, it still leans bearish, with a 60% probability of visiting the 55K area. However, an instant pump could still surprise us!
Always remember, the market is dynamic; don’t get FOMO, stay safe, stay calm. Remember, anything is possible in the crypto market right now. Anything can happen. Manage your risks, and that’s it for today's crypto update. This is Akki, signing off with one chart. Have a great day!
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