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Marketupdate

BTC Correction Watch: Red Zone in Sight Around 61938-61268GM Crypto Bro's, this morning, the fear and greed index stands at 48 (neutral), while the stoch RSI remains in the overbought area, now signaling a potential downturn. BTC has started to decline, reaching the 62K-61K area I mentioned yesterday. If it drops further, the big possibility is that it will hit our red zone in the range of 61938-61268. Keep in mind that the market is dynamic—don’t fall into 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.
INDEX:BTCUSD
by x_Akki
BTC Outlook: Watching for Potential Correction to 62K-61KGM Crypto Bro's, back to reality—happy working day! 😂 This morning, the fear and greed index is at 55 (greed), and the stoch RSI is still comfortably in the overbought area. The red zone around 62K-61K is a potential area for BTC to visit if a correction occurs. Overall, the BTC market outlook for today remains similar to the update from two days ago. Keep in mind that the market is dynamic—don’t fall into 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.
INDEX:BTCUSD
by x_Akki
BTC Outlook: Eyeing 69K with Potential Correction to 62K-61KGM Crypto Bro's, happy weekend! This morning, the fear and greed index is at 54 (neutral), and the stoch RSI remains in the overbought area. Overall, the outlook remains the same as yesterday’s market update. The next potential pump could take BTC to around 69K, but stay cautious of a possible correction, which might drop BTC to the 62K-61K area. Keep in mind that the market is dynamic—don’t fall into 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.
INDEX:BTCUSD
by x_Akki
BTC Hits 64K-65K Target: Next Stop 69K GM Crypto Bro's, happy weekend! This morning, the fear and greed index has finally exited the fear zone and is now at 56 (greed). The stoch RSI is still in the overbought area. BTC has reached our target range of 64K-65K. In terms of price action, it’s possible for BTC to continue its long-term uptrend, but we might see a slight correction in the near future, potentially around the 61K-62K area. If BTC continues to pump, the next target is 69K. 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.
INDEX:BTCUSD
by x_Akki
BTC on Track for 64K-65K: Low Volume Weekend Ahead?GM Crypto Bro's, happy Friday! This morning, the fear and greed index is at 34 (fear), and the stoch RSI remains in the overbought area, just like yesterday. Overall, BTC is still on track as per our market update yesterday, with the first target at 64K-65K. The potential for a drop to 57K is still low for now, but as we approach the weekend, which tends to have low volume and corrections, 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.
INDEX:BTCUSD
by x_Akki
BTC Closes Above 60K: Next Stop 64K-65K?GM Crypto Bro's, this morning, the fear and greed index is at 39 (fear), and the stoch RSI is still in the overbought area. Finally, BTC managed to close a candle above 60K. The next big possibility is a move to the 64K-65K area. However, this doesn’t mean the possibility of a correction to 57K-56K is gone. The chance is still there, but since BTC has now closed above 60K, the potential for a correction has decreased. 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.
INDEX:BTCUSD
by x_Akki
BTC Fails to Close Above 60K: Deeper Correction Ahead?GM Crypto Bro's, this morning, the fear and greed index is at 26 (fear), and the stoch RSI is still in the overbought area. BTC's candle close on the 20th couldn't stay above 60K, so there's a big possibility we might see a deeper correction, maybe down to the 57K - 56K range. The fear and greed index also dropped from 39 to 26, so overall, we might see BTC revisit our orange zone 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.
INDEX:BTCUSD
by x_Akki
1
BTC Holds at 60K: 65K Next?GM Crypto Bro's, this morning, the fear and greed index is at 30 (fear), and the stoch RSI has reached its overbought area. BTC is currently at 60K, and if today's candle manages to close above 60K, the chance for a pump to 64K-65K is wide open. Overall, today’s market outlook is still pretty much the same as yesterday. Keep in mind, the market is dynamic—don’t be 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.
INDEX:BTCUSD
by x_Akki
Market update - Aug 19 2024#BTC has been trading sideways (with some overall bearish sentiment) for more than 10 days now! trading ranges are often followed by a strong breakout from one of the sides. in BTC's case these two sides are 61,800 and 56,130 levels. We'll have to observe the chart in the upcoming days in order to see a strong move in the market but as already stated, our main scenario is another dump towards lower levels meaning that breakout will probably be from below ( 56,130 level)
BITSTAMP:BTCUSD
by AlgoBotTrading
BTC Faces 60K Resistance: What’s Next?GM Crypto Bro's, this morning BTC still hasn't managed to close the daily candle above 60K. The fear and greed index currently sits at 28 (fear), while the stoch RSI is lingering around the overbought area. In terms of price action on the H4 timeframe, BTC has a chance to continue its correction to around the 57K - 56K area. If BTC pumps after this correction and closes above 60K, the chance for a move to 64K - 65K becomes stronger. But keep in mind, the market is dynamic—don’t be 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.
INDEX:BTCUSD
by x_Akki
BTC Eyes 60K: Will It Trigger a Pump or Dump?GM Crypto Bro's, sorry for missing yesterday’s market update. This morning, the fear and greed index stands at 37 (fear), and the stoch RSI is starting to enter the overbought zone. In terms of price action, if BTC manages to close the daily above 60K, the possibility of a dump to 53K will start to decrease, and the probability of a pump to 64K-65K will increase. But keep in mind, the market is dynamic—don’t be 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.
INDEX:BTCUSD
by x_Akki
BTC Dips to 56K: Is the Downtrend Not Over?GM crypto bro's, this morning, BTC dropped again, even falling to the 56K area last night. The fear and greed index is at 27 (fear), while the stoch RSI hasn’t yet entered the overbought zone—it was close, but it seems like the stoch RSI might decline first. As I mentioned in yesterday’s market update, BTC had the potential to revisit our orange zone area at 56K - 53K. So, keep in mind that 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.
INDEX:BTCUSD
by x_Akki
BTC's Target 63K in Jeopardy? New Levels in SightGM Crypto bro's, this morning, the fear and greed index is at 29 (fear), and the stoch RSI is starting to enter the overbought zone. Last night, BTC briefly dropped to around 58K—does this mean the 63K target is off the table? In terms of price action, due to last night’s drop, there’s a new possibility for BTC to dip into the range of 57K - 56K, or perhaps revisit our orange zone at 56K - 53K. If this happens, the chances of pumping to 63K and 65K diminish. However, the crypto market is a place where making money is easy but tough to hold on to, so keep in mind that 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.
INDEX:BTCUSD
by x_Akki
BTC Bounces Back: Targeting 63K Next?GM crypto bro's, this morning we finally see BTC turning green, even if only slightly—better than a deep red. The fear and greed index stands at 30 (fear), while the stoch RSI is starting to enter the overbought area. For this morning's outlook, if we look at the stoch RSI, the most probable pump for BTC could target the nearest point around 63K, with a 60% probability, while a pump to 65K has a 40% chance. 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.
INDEX:BTCUSD
by x_Akki
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.
INDEX:BTCUSD
by x_Akki
BTC Dips to 58K: Accumulation Time?GM crypto bro's, happy working day! This morning, BTC finally dropped to the 58K area, as mentioned in previous market updates. The fear and greed index is at 25, indicating extreme fear, while the stoch RSI is at 56, with the potential to continue rising towards the oversold area. Currently, 58K is a good zone for accumulating Bitcoin, given the extreme fear in the market. There’s still a possibility for BTC to drop further, perhaps to the 57K-56K range, but the probability of this is only about 30%, with a 70% chance of pumping to 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.
INDEX:BTCUSD
by x_Akki
BTC: Sideways or Pump Ahead?GM crypto bro's, happy weekend! This morning, BTC is still moving sideways. The fear and greed index is at 39, indicating fear, while the stoch RSI is on its way to the overbought area. Overall, our targets remain the same as yesterday: a chance for a correction to the 58K area followed by a pump to 65K, or maybe even an instant pump to 65K—after all, anything can happen in the market. But let’s see how the market makers will draw the BTC chart going forward. Always manage your risks, and as always, that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
INDEX:BTCUSD
by x_Akki
1
BTC Weekend Moves: Correction or Pump?GM crypto bro's, happy weekend to those on vacation, and stay strong for those still working like me. Okay, this morning BTC has started to correct as I mentioned in yesterday's market update. The fear and greed index is at a neutral 40, while the stoch RSI has exited the oversold area and is heading towards overbought. From a price action perspective, my outlook this morning is that BTC still has a chance to continue its correction to around the 58K area, while the nearest target for a pump is in the 65K area. But let's see how the market makers will draw the BTC chart going forward. Always manage your risks, and as always, that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTC Hits 58K! What's Next for the Weekend?GM crypto bro's, as I mentioned yesterday, BTC has pumped back up and even surpassed our 58K target. The fear and greed index is now at a neutral 48, while the stoch RSI has successfully exited the oversold area. As we approach the weekend, there’s a possibility for BTC to retest the 58K - 60K area. But 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.
INDEX:BTCUSD
by x_Akki
BTC Fear Index Rises! Is Recovery in Sight?GM crypto bro's, this morning, the fear and greed index has increased from yesterday's 17 (extreme fear) to 29 (fear). The stoch RSI is also starting to show signs of recovery from its oversold area. Overall, the outlook remains the same as yesterday. Our target for BTC is to retest the 58K area first. 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.
INDEX:BTCUSD
by x_Akki