BTC Recovery: Targeting 65K Next?GM crypto bro's, this morning, the fear and greed index has risen to 31 (fear) after dipping into the extreme fear zone yesterday. The stoch RSI also shows a slight increase.
Overall, today’s outlook for BTC remains similar. The 58K target has been visited, and the next target is in the 65K area.
But keep in mind, the market is dynamic—don’t get caught up in FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market.
Always manage your risks, and as always, that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
65K
BTC Update!BTC is forming an uptrend. We are right now in a little wedge which is more probably going to break up because we have support from uptrend. If we will have a confirmed outbreak iI think we will definitely hit 65k. The Altcoins will make massive gains. Im looking for a break above 0.618 fib level. I will open a long position. Bye I hope I helped you with this little Analysis.
Bye.
$65K BITCOIN INCOMING!!?!! WHAT DO YOU THINK??!With Bitcoin giving off a slight rally towards the market close today we are back above the $63K mark with a healthy chart in front of us. If we can see a break out above the neckline here we have big potential sights ahead of the weekend.
Im currently still in my Long Position from our original break out price of just above 61K. Taking some chips off of the table on hitting our previous price targets as mentioned in the previous ideas and adding more upon the reversion to the mean at around $62,500
what were looking for now is:
Support above the neckline of our W Break.
Volume confirmation, this is very important providing that we do not get the volume we have further potential to see downwards price action.
Price target one and two are in pink.
Of course we always have the possibility to see another slide towards the downside before we move significantly up and vice a versa so we'll be be watching closely!
What's your thoughts and do you agree or disagree with the targets I have in mind for the short term. let me know in the comments!
Not financial advice, just sharing my thoughts.