BTCUSD: Major Move Ahead – Correction to 62K or Pump to 76K?
GM crypto bro's, this morning BTC continues its correction, causing the fear and greed index to drop to 52 (neutral). The stoch RSI has entered the oversold area.
Our target price remains the same, around the 62K area for the correction, but an instant pump to 76K is still possible. The monthly close formed a doji with significant upper and lower wicks.
But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
Our target price remains the same, around the 62K area for the correction, but an instant pump to 76K is still possible. The monthly close formed a doji with significant upper and lower wicks.
But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. 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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