BTC Bullish Signs: Will It Retest 66K?
GM, happy weekend! BTC's closing on the 22nd was slightly bullish, although not very strong. The stoch RSI this morning is still in the oversold zone, while the fear and greed index has risen to 55 (greed).
Looking at the price action, the bearish double top pattern has reached its target. A retest of the yellow zone at 66332 - 68889 would be normal, and the potential for a drop to the red zone at 60184 is diminishing.
My personal scenario for BTC is a retest of the yellow zone in the near future. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update.
I'm Akki, one chart, one vision.
Looking at the price action, the bearish double top pattern has reached its target. A retest of the yellow zone at 66332 - 68889 would be normal, and the potential for a drop to the red zone at 60184 is diminishing.
My personal scenario for BTC is a retest of the yellow zone in the near future. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update.
I'm Akki, one chart, one vision.
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