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Marketupdate

BTC Hits 55K: What's Next?GM crypto bro's! This morning, the Fear and Greed Index remains in the fear zone at 27, while the Stochastic RSI is showing signs of exiting the oversold area. BTC has dropped to the 55K area, as I mentioned a few days ago. Where is it headed next? The current price action suggests a probability of reclaiming the 60K - 61K range as the nearest target. Like always, keep in mind that the market is dynamic—don’t get FOMO, stay safe, stay calm. Remember, anything can happen in the crypto market. Manage your risks, and that's all for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
2
BTC Shows Signs of Recovery!GM crypto bro's! This morning, BTC finally turned green and is back in the 59K area. Fear and Greed Index is at 26 (fear), and the Stochastic RSI is starting to show signs of a potential upward move. Does this mean the 55K drop is off the table? Unfortunately, no—just that the probability has decreased. For now, the closest potential area for BTC to visit is the 60K - 61K range. Remember, the market is dynamic; don't get FOMO, stay safe, stay calm—anything can happen in the crypto market. Manage your risks, and that's it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
BTC Heading Towards 55K?GM crypto bro's! Back to the grind of corporate life, and BTC isn’t making it any easier this morning, dropping to the 57K range. Fear and Greed Index is at 26 (fear), while Stochastic RSI remains in the oversold area, but no signs of a bounce yet. Given this morning's drop to 57K, it's just a matter of time before BTC revisits the 55K area, as mentioned in my updates a few days ago. We might even see a wick down to 54K. Remember, the market is dynamic; don’t get FOMO, stay safe, stay calm. Anything can happen in the crypto market. Manage your risks, and that's it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
Bearish Start to the Month, 55K in Sight?GM crypto bro's! Happy Sunday! We’ve finally made it to a new month. 😊 This morning, the Fear and Greed Index is at 26 (fear), and the Stochastic RSI is still hovering in the oversold area, similar to yesterday. Today's monthly candle closed bearish with a long wick down to 48K. As for BTC price action this morning, it still leans bearish, with a 60% probability of visiting the 55K area. However, an instant pump could still surprise us! Always remember, the market is dynamic; don’t get FOMO, stay safe, stay calm. Remember, anything is possible in the crypto market right now. Anything can happen. Manage your risks, and that’s it for today's crypto update. This is Akki, signing off with one chart. Have a great day!
INDEX:BTCUSD
by x_Akki
Bearish Start to the Month, 55K in Sight?GM crypto bro's! Happy Sunday! We’ve finally made it to a new month. 😊 This morning, the Fear and Greed Index is at 26 (fear), and the Stochastic RSI is still hovering in the oversold area, similar to yesterday. Today's monthly candle closed bearish with a long wick down to 48K. As for BTC price action this morning, it still leans bearish, with a 60% probability of visiting the 55K area. However, an instant pump could still surprise us! Always remember, the market is dynamic; don’t get FOMO, stay safe, stay calm. Remember, anything is possible in the crypto market right now. Anything can happen. Manage your risks, and that’s it for today's crypto update. This is Akki, signing off with one chart. Have a great day!
INDEX:BTCUSD
by x_Akki
BTCUSD Market Update: Possible Continuation to 55K?Good morning Crypto Bro's! Happy weekend and payday! 🌞 This morning, the fear and greed index is at 29 (fear), and the stochastic RSI is starting to enter the oversold area. Yesterday’s candle dropped as I mentioned, hitting the 58K level, but it even went further down to 57K. Today’s market outlook remains similar to yesterday’s update. There is still a possibility for another drop to 55K with a 60% probability, while there is a 40% chance for BTC to go sideways between the 57K - 61K range. Always keep in mind that the market is dynamic—don't FOMO, stay safe, keep calm, and remember, in the crypto market, anything can happen. Always maintain your risk, and as always, that's all for today's crypto update. This is Akki, one chart, and have a nice day! 😊
INDEX:BTCUSD
by x_Akki
BTC at Crossroads: Price Action Hints at Further Downside?Good morning Crypto Bro's! This morning, the fear and greed index is at 34 (fear), and the stochastic RSI is starting to enter the oversold area. Yesterday's candle briefly pumped to around 61K before dumping back down to the current range at 59K. In terms of price action, BTC has two possibilities for further dumping: first, to the 58K range, and second, to 55K. Hopefully, the second scenario won't happen, but if it does, make sure to secure your portfolio positions and have enough ammunition to accumulate more Bitcoin at better prices. Keep in mind, the market is dynamic—don't FOMO, stay calm, and always be prepared for uncertainty in the crypto market. Anything can happen. Always maintain your risk, and that's all for today's update. This is Akki, one chart, and have a nice day!
INDEX:BTCUSD
by x_Akki
BTC’s Downtrend Nears End? Stoch RSI Signals Possible ReboundGM Crypto Bro's, this morning the fear and greed index is at 29 (fear), and the stoch RSI is starting to enter the oversold area, which could indicate that the significant downturn might be coming to an end. Overall market outlook today remains similar to yesterday’s update, with a personal outlook suggesting that we might see the month closing around the 60K-62K range. But as always, keep in mind that the market is dynamic—don’t fall into FOMO, stay safe, keep calm, and remember that anything can happen in the crypto market. Always manage your risks, and that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTC Faces Deep Drop: Sideways Action Ahead GM Crypto Bro's, the market is heating up again this morning! The fear and greed index is at 30 (fear), while the stoch RSI has dropped significantly from its overbought area. BTC’s correction followed exactly as predicted in my market update from two days ago, but the drop was deeper than expected, even touching the 58K-57K range. So, what’s next? In terms of price action, BTC may now move sideways with some pump and dump within the 60K-62K range. However, based on current data, there’s a significant potential for a strong rise next month. But as always, keep in mind that the market is dynamic—don’t fall into FOMO, stay safe, keep calm, and remember that anything can happen in the crypto market. Always manage your risks, and that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
INDEX:BTCUSD
by x_Akki
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