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Marketupdate

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
Extreme Fear! BTC Fear Index Drops to 17! What's Next?GM crypto bro's, finally, the market has slightly calmed down this morning after our portfolios got nuked yesterday. Keep staying strong, guys. Okay, this morning's update: the fear and greed index has dropped back to 17 (extreme fear), while the stoch RSI is still dead like yesterday. In terms of price action, BTC has a small chance to visit around the 58K area and then go sideways in the 57K - 56K range. Hopefully, there won't be any more crazy drops. The long candle on 05/08/2024 has already claimed many casualties. There is a possibility that the current market drop is part of a plan by big money, whales, etc., to buy the dip on a massive scale, considering the growing rumors that Grandpa Powell from the FED might cut interest rates in September. 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, even the impossible. Always manage your risks, and as always, that's all for today's crypto update. I'm Akki, signing off. Stay sane, my liquidated friends, and have a nice day.
INDEX:BTCUSD
by x_Akki
Nikkei 225 Suffers Worst Decline Since 1987 Amid U.S. Economic CThe Nikkei 225 index in Japan plunged by 12.4%, marking its worst day since the 1987 "Black Monday" crash. The index closed at 31,458.42, shedding 4,451.28 points. The sell-off was triggered by concerns about the U.S. economy and followed a 5.8% drop on Friday. Major companies like Toyota, Honda, and Mitsubishi UFJ Financial Group saw significant declines. The Bank of Japan's interest rate hike and a stronger yen have further pressured the market. Investors now focus on upcoming trade data from China and Taiwan, and central bank decisions from Australia and India.
INDEX:NKYShort
by signalmastermind
BTCUSD: 60K Drop! Fear Index at 34 - What's Next?GM guys, happy weekend... or not, as BTC dropped to 60K. This morning, the fear and greed index is still in the fear zone at 34, and the stoch RSI is still in the oversold area. BTC has finally revisited the 60K area as I mentioned in yesterday’s market update. My personal market outlook suggests a low probability of BTC dropping below 60K, but in the crypto market, anything is possible, so a deeper drop is still on the table. However, as usual, when the fear and greed index is in the fear zone, it usually doesn’t take long for the market to pump again, at least until the index reaches neutral before possibly dumping again, or continuing to pump until it hits greed. Keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today. I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
2
BTCUSD: Big Drop to 61K - Best Time to Buy?GM crypto bro's, woke up this morning to find BTC had dropped significantly to the 61K area. As of this morning, the fear and greed index has also dropped into the fear zone at 37, while the stoch RSI is still in the oversold area. Yesterday, I mentioned a 20% chance of a drop, and that’s exactly what happened. There's also a chance BTC might test 60K again. But seeing the fear and greed index in the fear zone is the best time to buy more bitcoin. And always keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today. I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD: Wild Swings - 62K Hit, Next Target 69K or 76K?GM guys, last night BTC dropped significantly to around the 62K area and then immediately pumped back to the 65K area. This morning, the fear and greed index is at 57 (greed), while the stoch RSI is still in the oversold area. As I mentioned before, the 62K target was hit last night around 12:00. The next target is to retest the 69K area, with an 80% chance of breaking through to 76K and a 20% chance of BTC continuing to drop to the 60K area. But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today. "What you are fighting in the market is yourself. Because of that, control your emotions to be able to win in this game." I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD: Major Move Ahead – Correction to 62K or Pump to 76K?GM crypto bro's, this morning BTC continues its correction, causing the fear and greed index to drop to 52 (neutral). The stoch RSI has entered the oversold area. Our target price remains the same, around the 62K area for the correction, but an instant pump to 76K is still possible. The monthly close formed a doji with significant upper and lower wicks. But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that’s the crypto update for today. I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD: Will BTC Retest 62K or Pump to 76K? Stay Alert!GM guys, this morning BTC is still around 66K. The fear and greed index is at 61 (greed), while the stoch RSI has entered the oversold area. Overall, my personal outlook remains the same as yesterday: the potential for retesting the 62K area is greater than an instant pump to 76K at the moment. But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that’s the crypto update for today. I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD: Fear & Greed Drops! Will BTC Correct to 62K or 66K?GM Crypto bro's, this morning the fear and greed index finally dropped from 74 to 67, indicating reduced greed. The stoch RSI is also declining from the overbought area towards the oversold area. Our target of 69K has been reached, and BTC even touched 70K before experiencing rejection from that area. Looking at the potential correction, there’s a 70% chance it will be around the 62K area and a 30% chance it will be around 66K. Considering the monthly candle closing in a few days, it's best to wait and see for now. Keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and as always, that’s the crypto update for today. I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD: Greed Index Rises! Will BTC Hit 76K or Correct to 62K?GM guys, this morning the fear and greed index increased from 71 to 74, indicating growing greed. The stoch RSI still has the potential to re-enter the overbought area. Overall, the price action remains the same as yesterday with a 40% chance of visiting 69K and continuing to our target of 76K, while there’s a 60% chance of correcting to around the 62K area. But keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and as always, that’s the crypto update for today. I’m Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD Hits 69K! Next Stop 76K or Back to 62K?GM guys, BTC market update this morning shows the fear and greed index at 71, indicating greed, and the stoch RSI seems to be heading back into the overbought area. Last night, BTC finally hit 69K and showed a strong rejection from that area. However, looking at the chart this morning, there's a small potential for BTC to return to 69K and continue rising to our long-term target of 76K. The probability of this happening is around 40%, while there's a 60% chance BTC will retest around the 62K area. Keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and as always, that's the crypto update for today. I'm Akki, one chart. Have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD Targeting 69K Amid Greed Sentiment! Correction or BullishGM, this morning the fear and greed index is at 72, indicating greed, and the stoch RSI has exited the overbought area. In terms of price action, BTC has the potential for a minor correction to around 66K, but the price target remains at 69K. However, this doesn't mean the potential for a correction to 62K is gone, so always be prepared with ammo in case BTC drops again. Keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm. Always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today. I'm Akki, one chart. Have a nice day and happy weekend.
INDEX:BTCUSD
by x_Akki
BTCUSD Rejection at 63K! Bullish Momentum Towards 69K?GM crypto bro's, this morning the fear and greed index is still in the greed zone at 68, and the stoch RSI has started to decline from its overbought area. In terms of price action, BTC has rejected from around the 63K area and is currently at 66K. The potential for a correction to 62K seems to be decreasing, and the potential to reach 69K is increasing due to the strong rejection from the 63K area yesterday. But keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, and always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today. I'm Akki, one chart, and have a nice day.
INDEX:BTCUSD
by x_Akki
BTCUSD Correction Ahead? F & G Index Signals Potential Drop!GM crypto bro's, sorry for skipping the BTC update yesterday on the 24th due to a busy schedule in real life this month 😓. But I'll try to keep the daily BTC updates coming. Okay, moving on. This morning, the fear and greed index is still in the greed zone at 68, and the stoch RSI is starting to move out of the overbought area. This increases the chance for BTC to correct to around 62K as I mentioned before. If BTC does retest the 62K area, the fear and greed index will likely drop back to the fear zone. But keep in mind, the market is dynamic. Don't be FOMO, stay safe, keep calm, and always remember to be greedy when others are fearful and fearful when others are greedy. Always maintain risk, and as always, that's the crypto update for today. I'm Akki, one chart, and have a nice day.
INDEX:BTCUSD
by x_Akki