BTCUSD Eyes 69K: Bullish Momentum or Imminent Correction?GM crypto bro's, sorry for not posting a Bitcoin update yesterday, I was super busy and didn't have time to check the crypto market. This morning, the fear and greed index is up to 74 in the greed zone, and the stoch RSI is still in the overbought area. Looking at the price action, BTC has a big possibility to reach the 69K area rather than correcting to 62K.
Let's see and 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, one family.
Marketupdate
BTC Correction After Significant Pump! What's Next?GM guys, this morning BTC experienced a slight correction after several days of significant pumping. The fear and greed index this morning is at 61, indicating greed, while the stoch RSI is in the overbought area and has the potential to correct out of the overbought zone.
My personal outlook is that BTC has a big possibility of correcting to the area around 62610 - 61368 if the price successfully retests that area, especially considering it's approaching the weekend, which typically has low volume. If the fear and greed index drops to neutral or even the fear zone, there's a big chance BTC will continue its rise to 69K.
However, there is a small possibility for BTC to pump directly from the current price of 64K to 69K. But let's see and 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 have a nice day.
BTC Pump Continues! Heading to 69K or Retesting First?GM crypto bro's, this morning the market continues its bullish trend. The fear and greed index is currently at 69, indicating greed, while the stoch RSI remains in the overbought area.
Looking at BTC's price action, there is potential for it to continue pumping up to 69K, or perhaps it might retest the area around 62610 - 61368 first. My personal outlook suggests that the probability of heading straight to 69K is higher than retesting 62610 - 61368.
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, one family.
BTC Pump to 65K! Fear & Greed Index Enters Greed Zone - Is a DumGM crypto bro's, this morning there was a significant pump in the market, and finally, the fear and greed index entered the greed zone again, precisely at 65. The stoch RSI is also already in the overbought area.
As I mentioned yesterday, once we are in the greed zone, a market dump is likely. But always hope for the best and prepare for the worst. Let's see and keep in mind that 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,
BTC Hits 60K+! Is 64K Next? Fear & Greed Index at 52!GM, this morning BTC is quite bullish. As I mentioned before, BTC has finally reached 60K+ and has entered the yellow zone area of 60429 - 61639. The Fear and Greed index is currently at 52 (neutral), while the Stoch RSI is in the overbought area.
Currently, BTC has the potential to test 60K first, and then maybe rise to 64K. However, if the Fear and Greed index was previously in the fear zone, there's a possibility it will reach greed first, followed by the last dump to extreme fear.
But always hope for the best and prepare for the worst. Let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I'm Akki, one chart at a time.
BTC Headed for 60K? Fear & Greed Index at 33!GM, this morning the Fear and Greed index is at 33 (fear), and the Stoch RSI is starting to enter the overbought area, as I mentioned before.
My personal outlook remains the same as before: the first target is 60K++. Let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I'm Akki, one chart at a time.
Whales Are Accumulating! BTC Set for Next Target at 60K? GM crypto bro's, this morning the Fear and Greed index is still in the extreme fear zone at 25, and the Stoch RSI is heading towards the overbought area. In terms of price action, BTC has been sideways around the 56K - 58K range for the past few days.
Yesterday, BTC retested the 56K range as I mentioned, and maybe the next target is the 60K range. Considering whales tend to accumulate more BTC when the Fear and Greed index is in extreme fear, this is a significant indicator.
Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Enters Extreme Fear! Is This the Last Dip?GM crypto bro's, this morning the Fear and Greed index finally reached the extreme fear zone at 25, as I mentioned before. The Stoch RSI shows potential to head back to the oversold area.
BTC's price action is still similar to yesterday, with potential to reach the 56K area and maybe enter the orange zone again. My personal opinion is that July might be the last dip for BTC.
As long as the Fear and Greed index remains in the fear zone, we still have an opportunity to accumulate BTC. Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Drops to 57K! Will It Pump Back to 60K?GM, this morning BTC has dropped back to around 57K after previously pumping to around 59K. The Fear and Greed index this morning is at 29 (fear), and the Stoch RSI is still in the middle, heading towards overbought. Based on price action, it might go back to the 56K range and then pump to around 60K.
But keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Retesting 60K? Fear Index Still High!GM crypto bro's, this morning BTC is still moving sideways in roughly the same area as yesterday. The Fear and Greed index this morning is at 28, and the Stoch RSI is starting to approach the overbought area, increasing the chance for BTC to retest and enter the yellow zone area, possibly reaching around 60K. However, this does not mean the potential for a deeper drop has disappeared.
Psychologically, when the Fear and Greed index is in the fear zone, it usually tends to move towards extreme fear first. But keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
Tesla (TSLA): Expecting a Pullback Before the Next RiseIn our livestream a few days ago, we talked about the impressive rise in Tesla's stock. Since our last analysis on June 13th, the stock has jumped 38% in just 19 days. This was somewhat expected because there was a lot of negative sentiment towards Tesla, which often leads to a significant rise. Congratulations to everyone who believed in Tesla with us. Our position is currently profitable, and the stock looks very strong.
Current Situation:
The current situation shows that Tesla has risen 40 % in less than 25 days, even though there was a lot of negative sentiment. The stock is very strong right now, but a pullback is likely. We think the stock could go up to $256, finishing the sub-wave 3. After hitting this level, we expect a Wave 4 correction, which will give us a chance to make more entries.
Strategy:
We plan to enter between $217 and $200. We will set the stop-loss at about $198 to protect against a failed Wave 4 scenario. Our strategy involves expecting the Wave 4 correction to close follow-up gaps and retest important levels. Even though the performance is strong, we should be careful as this could still be a temporary rise before another drop (a dead cat bounce).
In conclusion, Tesla has shown impressive strength, but we expect a pullback before it goes up further. We are targeting the $256 level for the completion of Wave 3 and plan to enter more between $217 and $200, with a stop-loss at $198. We remain cautiously optimistic and will keep a close eye on the situation.
BTC Stuck in Orange Zone! Is Accumulation Time Here? GM crypto bro's, this morning the Fear and Greed index is at 27 (fear), and the Stoch RSI is still above the oversold area. Bitcoin's price action is still fluctuating within the 58K - 56K range. It seems BTC will continue to move sideways within the orange zone between 56507 - 53046, as I mentioned before. Several bearish news pieces have increased the potential for this sideways movement.
But as long as the Fear and Greed index remains in the fear zone, it means we still have an opportunity to accumulate BTC. Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Plummets Again! Is the Last Dip Coming?GM, this morning the market has experienced another drop. The Fear and Greed index is at 28 (fear), and the Stoch RSI remains outside the oversold area. Looking at the price action, there is potential for BTC to drop further, breaking through the orange zone area of 56507 - 53046 and possibly touching the red zone area of 50582 - 48940.
If this happens, it might be the last dip for BTC. Always hope for the best and prepare for the worst. Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Bullish Signal? But Is Another Drop Coming?GM crypto bro's, this morning the Fear and Greed index is at 29 (fear), and the Stoch RSI is touching the oversold area. The candle on the 6th was quite bullish, which may indicate that BTC is retesting the yellow zone area around 60K++, as I mentioned yesterday.
However, this does not mean BTC will only go up and won't re-enter the orange zone area of 56507 - 53046. As long as BTC cannot break through to 64K++, the potential for a drop still looms.
As long as the Fear and Greed index is in the fear zone, it means we are still in a good area to accumulate BTC. But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today's crypto update.
I’m Akki, one chart at a time.
BTC Faces Strong Rejection! Weekend Volatility Ahead? GM, for the candle close on the 5th, there was a strong rejection from the orange zone area 56507 - 53046, as I mentioned previously. The Fear and Greed index is at 26 (fear), and the Stoch RSI is entering the oversold area.
We are now entering the weekend, where the market typically has low volume. BTC's price action suggests a potential further decline, possibly sideways within the orange zone 56507 - 53046, but a retest to 57K++ is also possible.
As long as the Fear and Greed index is in the fear zone, it's a good time to accumulate BTC. But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today's crypto update.
I’m Akki, one chart at a time.
BTC Plummets to 56K! More Drops Ahead?GM crypto bro's, this morning BTC dropped significantly, continuing the strong bearish sentiment seen in recent days, bringing BTC down to the 56K area as I mentioned previously.
The Fear and Greed index has returned to the fear zone at 29, while the Stoch RSI shows a decline from the overbought area and is moving toward the oversold area.
My personal outlook suggests another drop into the orange zone area of 56507 - 53046, especially as we approach the weekend, which typically sees lower volume. However, if a pump occurs, it might only reach the yellow zone around 60K++.
But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today's crypto update.
I’m Akki, one chart at a time.
BTC Breaks Below 60K: More Drops Ahead?GM Bitcoin, this morning BTC remains quite bearish, even breaking below 60K. The Fear and Greed index is at 44 fear, and the Stoch RSI is showing potential to exit the overbought area.
In the H4 timeframe, there is a possibility of retesting the 61223 area, although the potential is small. However, BTC breaking 60K has increased the likelihood of dropping to the orange zone between 56507 - 53046.
But let's see and keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I’m Akki, one chart at a time.
BTC Sideways or Surge?GM, the candle close on the morning of July 2nd is quite bearish. The Fear and Greed index is at 50 neutral, and the Stoch RSI is still in the overbought area. Looking at the current BTC chart, there is potential for a slight correction around the 62500 - 61200 area as I mentioned in yesterday's market update.
My personal outlook suggests that the Fear and Greed index might turn to greed first, followed by BTC price moving sideways with an upward trend, possibly reaching 64K++.
But let's see if it plays out as I mentioned or not. Keep in mind this is just my personal opinion and outlook. Don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I’m Akki, one chart at a time.
BTC Correction Imminent? GM, the candle close this morning for July 1st faced strong rejection even before reaching 64K. The Fear and Greed index is at 51 neutral, and the Stoch RSI is entering the overbought area.
When the Stoch RSI enters the overbought area, a correction is likely. The current BTC chart shows potential for a slight correction to the 62500 - 61200 area.
But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I’m Akki, one chart at a time.
Euro Rises After French Election; Yen Struggles Near 38-Year LowThe euro gained on Monday after France's snap election put the far-right in the lead, albeit with a smaller margin than expected. Marine Le Pen's National Rally performed worse than anticipated, easing fears of expansionary fiscal policies. The euro rose 0.4% to $1.0756, while the yen struggled near a 38-year low. The dollar index fell as U.S. inflation data bolstered expectations of a Federal Reserve rate cut. Other currencies, including sterling and the New Zealand dollar, saw modest gains.
BTC: Bearish Close, Bullish Start?GM crypto bro's, it's finally July and BTC's monthly candle closed quite bearish. This morning, the Fear and Greed index is at 53 neutral, and Stoch RSI is climbing towards the overbought area.
Yesterday, the possibility for a pump seemed small, but that’s exactly what happened this morning. BTC's daily candle closed bullish on the 30th, almost at 63K. For now, BTC has the potential to retest 64K as I mentioned earlier, or maybe even reach 65K.
But let's see, and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always manage your risk, and that’s it for today's crypto update.
I'm Akki, one chart salute.
Pinterest / PINS - Idea I.hey Guys,
- Yearly Chart is bullish, Double Bottom and Engulfing Candle.
->Targets … 41 … 45 … 49.
Quarterly: Bullish Candle breakout above the Highs of Q1.
-> But it is retesting a major supply line and a yearly FIB. - creating a Grey Zone which divides the Stock into a bearish zone below and bullish zone above.
Monthly: Bullish candle - Stochastic Bullish but OB.
-> caution as we could see some Profit taking / reloading at lower prices.
3D: Signs of a possible reversal: Ascending Triangle, Fifth Wave, Diagonal Moving Stock (Distortion?)
Breakout to the upside would be extremely bullish…
Lower prices could be seen as a great buying opportunity.
targets Bears: 41 38
Targets Bulls: 45 49
Please let me know if you would like me to analyse an Instrument for you.
Thanks for reading
BTC: Ready for Liftoff or Another Drop?GM crypto bro's, this weekend morning Fear and Greed enters the neutral zone at 47, and Stoch RSI is still in the middle. Looking at the Monthly timeframe, there's a big chance BTC will drop to the orange zone first. However, from the Daily timeframe, it seems difficult to retest 64K again.
Overall BTC outlook remains the same as yesterday. For those trading futures, be cautious. If you haven't bought any, now might be a good time because it could fly to 80K tomorrow. For those who already hold and want to add more, you can accumulate at the current price, but a better price for accumulation would be at 56K, if it’s given.
Let's see how the crypto whales decorate the market as the monthly candle closes. Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.