BTCUSD Approaching 65K - What’s Next? 60K or 70K?GM crypto bro's, this morning, the Fear and Greed Index has risen again, entering the greed zone at 61, and BTC has pumped towards our target in the 65K range.
Yesterday’s correction only reached 62K, without touching 61K, but BTC still managed to correct slightly before successfully pumping into our target range of 65K - 66K. Now, what's next?
In terms of price action on the weekly chart, there's potential for BTC to correct again to the 60K - 59K range, with a potential pump towards 69K - 70K.
Let’s see if the end of this month will bring a "Septembull" or just a "Septembear." Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
Marketupdate
BTCUSD Correction After 64.7K Pump - Testing 61K - 62K Next?GM crypto bro's, BTC has finally seen a correction this morning after pumping to around 64,700. The day starts with the Fear and Greed Index back in the neutral zone at 50.
The possible area that BTC might test during this correction could be in the 61K - 62K range, as we've mentioned in previous market updates. Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Daily Update - Greed Zone, But No Correction Yet?GM crypto bro's, this morning, the Fear and Greed Index has finally entered the greed zone at 59. It seems BTC still isn’t ready to correct down to the 61K - 60K range.
BTC is already quite overbought in terms of price action, and the Fear and Greed Index is also showing signs of a potential correction. However, our pump target remains the same as yesterday, around 65K - 66K.
Keep in mind, the market is dynamic, don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Daily Outlook - Small Correction After the 64K Surge?GM crypto bro's, let’s start today’s market update with the Fear and Greed Index still in the neutral zone at 54, while the stoch RSI remains in the overbought area.
BTC has risen quite high to the 64K range, so it's normal to expect a small correction today. The potential correction range is still the same as I mentioned in the previous updates, around 61K - 60K.
In the crypto market, it's like sailing on the ocean—enjoy the beautiful waves and also brace for the storms. Keep in mind, the market is dynamic, don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Outlook - Heading to 65K Before a Correction?GM crypto bro's, back to this harsh reality. The morning starts with the Fear and Greed Index sitting at 50 in the neutral zone, while the stoch RSI remains in the overbought area.
Today's BTC price action seems reluctant to correct for now, maybe preferring to hit the 65K - 66K range first, considering the Fear and Greed Index hasn't entered the greed zone yet. Usually, there's a higher probability of correction when the market is in greed.
But let’s see how the crypto market mood plays out today. Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Weekend Outlook - Small Correction Before the Pump?GM crypto bro's, happy weekend! This Sunday morning, the Fear and Greed Index is still chilling in the neutral zone at 52, while the stoch RSI remains in the overbought zone.
Looking at today’s price action, there’s potential for BTC to experience a small correction, maybe down to the 61K - 60K range, before continuing its pump towards our target of 65K - 66K.
Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Weekend Outlook - Same Targets, Watch for CorrectionsGM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains in the neutral zone, sitting at 54.
Overall, today's market update is pretty much the same as yesterday. The next potential target for BTC is still 65K - 66K.
Keep in mind, the market is dynamic—don’t get FOMO, and always be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Daily Outlook - Correction or Pump? Next MovesGM crypto bro's! This morning, BTC is back to the 62K range after previously hitting around 63K. The Fear and Greed Index is in the neutral zone, sitting exactly at 54, while the stoch RSI remains in the overbought zone.
Today's market update shows potential for a small correction to the 61K range or maybe lower, but the potential pump target is still around 65K - 66K.
Keep in mind, the market is dynamic, don't get FOMO. Anything can happen, so always manage your risk. That's it for today's crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Daily Outlook - Next Targets After Rate CutGM crypto bro's! Finally, the much-awaited 50bps rate cut has happened, and that's one reason why BTC pumped this morning. The Fear and Greed Index has also risen from fear to neutral, sitting at 49. Meanwhile, stoch RSI has returned to its overbought zone.
Yesterday, our target was in the 61K - 62K range, and that's been hit today. So, what's next? Based on price action, the next potential zone for BTC could be 65K - 66K. The probability of a correction back to 55K is shrinking, but it's still on the table.
Keep in mind, the market is dynamic, don’t get FOMO. Anything can happen, so always manage your risk. That's it for today's crypto update, this is Akki signing off. One chart, one love. Have a nice day!
EURJPY TRADE UPDATE AND ANALYSISIn this video i share a quick recap on the trade i took from the previous analysis (link in description), after seeing the daily candle close bullish above the high if the last bearish day which confirmed a break of structure on the 4hr timeframe and i went long at the pullback to 157.500 and 38.2 fib area (confluence)
BTC Reaches 60K! Is the Pump Over, or Will We See 62K Next?GM crypto bro’s, this morning's fear and greed index is in the fear zone at 45, while Stoch RSI remains in its overbought area.
BTC saw a significant pump up to 60K, likely due to strong cutrate rumors, but that doesn't mean the potential for a correction to 55K has disappeared. However, the probability of hitting 61K - 62K is increasing.
The market is dynamic, don't FOMO, stay safe, keep calm. Always remember that in the crypto market, anything can happen. Always maintain your risk, and as always, that's the crypto update for today. I’m Akki, one chart, and have a nice day.
BTCUSD: Potential Drop to 55K After Reaching 57KGM crypto bro's, this morning BTC dropped back to the 57K range as I mentioned in yesterday's market update. The Fear and Greed Index also dipped further into the fear zone, dropping to 33 from yesterday’s 39.
The stoch RSI is beginning to move out of the overbought area, and based on today’s price action, there’s another possibility of BTC continuing its decline to the 55K range.
Remember, the market is dynamic. Don’t be FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market. Always maintain your risk. And as always, that’s the crypto update for today. It’s Akki, signing off with one chart, and have a nice day.
BTCUSD: Revisiting 58K, Eyes Still on 61K - 62KGM crypto bro's, this morning the Fear and Greed Index is back in the fear zone, while the stoch RSI seems tired of being overbought and may be dropping towards the oversold area.
Looks like BTC is not in the mood to hit 61K - 62K this morning and is just hanging out around the 58K range again 🗿. Based on today’s price action, there’s a possibility of a drop back to around 57K, but the potential pump to 61K - 62K is still our target for now.
Remember, the market is dynamic. Don’t be FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market. Always maintain your risk. And as always, that’s the crypto update for today. It’s Akki, signing off with one chart, and have a nice day.
Nvidia made a sudden turn, showing us a very important key zone! The price has shown a turn exactly in our GAP area, and this is where it gets interesting because this turn gave much more validation to our GAP area by bouncing precisely off of it. From here on, the bearish sequence has, for the first time, been incomplete due to the swing-turn that occurred before reaching support on our point #4.
The question is: is this the moment when the price will break the resistance of our channel? Time will tell, but for now, we've identified a new zone where there is greater buying pressure, and it's exactly the same zone we've been studying for several weeks.
If you've been following this analysis for weeks or months, you'll notice that everything is unfolding according to our price action and institutional analysis.
From here on, we just need to wait for the breakout, and remember, this time it could be different since we're in very important months where the elections heavily influence price behavior.
Best regards, and thank you for supporting my analysis.
BTC Correction to 59K – Next 61K?GM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 51. BTC made a slight correction last night to the 59K area. The next big possibility is still 61K - 62K.
Today's market update is mostly the same as yesterday. As always, the market is dynamic; don’t be FOMO. Stay safe, keep calm, and remember anything can happen in the crypto market. Always manage your risk. That’s all for today’s crypto update—this is Akki signing off with one chart. Have a nice day!
BTC Hits 60K – What’s Next?GM crypto bro's, happy weekend! BTC has finally pumped to the 60K area as mentioned in yesterday's market update. This morning, the Fear and Greed Index is in the neutral zone at 50, while the Stochastic RSI remains overbought.
Typically, after a pump, BTC may retest the 59K - 58K area. However, if it continues its pump, the next target is 61K - 62K. BTC often corrects when the Fear and Greed Index enters the greed zone, so a correction might follow after reaching 61K - 62K, possibly back to 59K - 58K.
The market is dynamic; don't be FOMO. Stay safe, keep calm, and remember anything can happen in the crypto market. Always manage your risk. That’s all for today’s crypto update—this is Akki signing off with one chart. Have a nice day!
Potential Correction Ahead?GM crypto bro's, this morning the Fear and Greed Index is at 32 in the fear zone, and the Stochastic RSI is in the overbought area. A slight correction may be coming soon, and BTC might not reach 61K, likely staying within the 59K - 60K range as we head into the weekend.
However, there's still a chance for BTC to break 62K. The market is dynamic; don't be FOMO, stay safe, keep calm. Anything can happen! Always manage your risk. That's all for today’s crypto update, this is Akki signing off with one chart. Have a nice day!
NDQ (US 100 Index) 1W analysis - Sep 12 2024Weekly chart of US 100 index is suggesting that the possibility of a crash in US stock market is rather high!
In fact the index is already in the heavy resistance zone of 19,000 - 20,400 and bearish divergence can be seen (both mid-term and long-term)
While the index is inside the resistance zone, breaking below the blue trendline is the confirmation for the huge drop and will lead to a huge sell pressure in the market.
The reason for this possible crash is probably weak data related to the labor market. Having a Buy position in US stock market is indeed risky these days as the index can even touch Oct 22 low and probably even lower levels if the drop is confirmed!! #NDQ #US100
Correction Met, What’s Next?GM crypto bro's, the correction I mentioned yesterday has been hit. This morning, the Fear and Greed Index remains in the fear zone at 31, while the Stochastic RSI is now in the overbought area.
Today’s market outlook is similar to yesterday: potential pump to 59K - 61K. A drop is still possible. Remember, the market is dynamic; don't be FOMO, stay safe, keep calm. Anything can happen! Always manage your risk. That's all for today’s crypto update, this is Akki signing off with one chart. Have a nice day!
Potential Correction or Further Pump?GM crypto bro's, this morning the Fear and Greed Index remains in the fear zone at 37, and the Stochastic RSI is moving into the overbought area.
Today's BTC outlook is quite similar to yesterday's update, with a potential correction around the 55K area or possibly a continuation of the pump to the 60K - 61K range.
But remember, this is just my personal analysis — only probabilities. As always, maintain your risk! That’s it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
BTC Dominance Analysis (1M) - Sep 10 2024BTC dominance chart in Monthly timeframe suggests that it's possibly moving towards higher zones most importantly 65% - 67% zone!
if the Sep and Oct monthly candles close above the trendline and 59% level, it's highly possible that 65% - 67% zone is the next target area which will probably be touched in Q2 or Q3 2025.
This possible rise in BTC dominance means that if BTC is going to dump to lower levels, Altcoins will be strongly affected and will drop much more. For an Altseason, BTC.D must begin a big downward movement and a condition for this drop is a prominent divergence in 2W or 1M timeframes: it's unfortunately can't be found on the chart at the moment!
BTC Breaks 55K, What's Next?GM crypto bro's, BTC finally pumps and breaks above 55K! This morning, the Fear and Greed Index is at 33 (Fear), and the Stochastic RSI has managed to exit the oversold area.
Where will BTC go next? Based on today's price action, after this pump, a slight correction might occur around the 55K area. If the pump continues, the next target could be in the 60K - 61K range, or it might just reach 59K.
Stay alert, as sudden dumps can still happen in the crypto market. As always, maintain your risk! That's it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!