GM crypto bro's, this morning, the fear and greed index is back at 20 (extreme fear) while the stoch RSI remains in the oversold area. Yesterday's candle only reached 57,751; I thought it would go up to 58K, but it didn't.
Currently, BTC has the potential to correct to around the 53K area first, then pump to our initial target of 58K. But as always, the market is unpredictable.
I mentioned the potential correction to 53K before 58K, but it could pump strongly to 58K and then drop to 53K-52K. That's the excitement of the market, so always stay alert, crypto bro's.
Like always, keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm, and always remember that nothing is impossible in the crypto market. Anything can happen.
Always manage your risks, and as always, that's all for today's crypto update. I'm Akki, signing off. Have a nice day.
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