BTCUSD—Greed Zone 73: Correction More Likely Than Pump to 70K?
GM crypto bro's, happy weekend! This morning, the fear and greed index stays in the greed zone at 73, while the Stoch RSI is still comfortably in the overbought area like yesterday.
Looking at today's price action, it seems quite challenging for BTC to pump to 70K. The probability of a correction is higher than the potential for another pump, but in the crypto market, nothing is impossible. Keep in mind that the market is dynamic—don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Looking at today's price action, it seems quite challenging for BTC to pump to 70K. The probability of a correction is higher than the potential for another pump, but in the crypto market, nothing is impossible. Keep in mind that the market is dynamic—don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.