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Marketupdate

BTC Pumping Slowly: Will It Test 66K?GM, BTC is starting to pump little by little this morning after a bearish close on the 19th. On the daily timeframe, the stoch RSI is still in the oversold zone, while the fear and greed index has dropped back to 60 from yesterday's 64, but it remains in the greed condition. On the H4 timeframe, I see potential for testing around 66K, as mentioned in yesterday's update. My prediction is there might be another drop around this area, considering the fear and greed index is still in the greed zone, which means market makers could dump it further until it enters the fear zone. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Enters Orange Zone: What's Next?GM crypto bro's, the candle on the 18th finally entered the orange zone area at 64865 - 63261 as I mentioned before. The stoch RSI remains in the oversold area, and the fear and greed index has dropped significantly from 71 to 64. Currently, BTC has the potential to pump up to 66K on the H4 timeframe, while on the daily it might reclaim the 68K area. But since we are nearing the end of the month and the weekend is approaching, there's a big possibility that it will just move sideways with a downtrend bias. With the fear and greed index at 64 (greed), the market makers might drop it further until it reaches the fear status, and then a massive big pump will happen. For those looking to scoop up altcoins, now is the time to start accumulating. Be greedy when others are fearful and fearful when others are greedy. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Correction Deepens: What’s Next?GM, the market has seen a significant correction today, including BTC. This morning, the fear and greed index is at 74 (greed), up from yesterday's 71. Meanwhile, the stoch RSI remains in the oversold area. Overall, the outlook remains the same as yesterday: there's still a probability of a dump into the 64865 - 63261 area, but always remember, the market is dynamic. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Low Volume Bearish: Next Move Imminent?GM, this morning BTC is still showing low volume and is bearish on the H4 timeframe. The fear and greed index remains at 71 (greed), while the stoch RSI is still in the oversold area. My personal opinion remains the same as yesterday's: there may be a dump into the orange zone area at 64865 - 63261, followed by a pump breaking through the yellow zone towards the initial target of 76K. But always remember, the market is dynamic, and unexpected things can happen. In the market, it's a psychological game; impatient people will lose to the patient, but even the patient will lose to those who are more patient. As I always say, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
Weekend Low Volume: BTC's Next Move?GM, as usual, the market this weekend tends to have low volume. The stoch RSI is still in the oversold area, and the fear and greed index has decreased to 71 but remains in the greed zone. Technically, there's still a possibility for the price to dump into the orange zone area at 64865 - 63261, as mentioned before. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC's Weekend Woes: Pump or Dump Ahead?GM crypto bro's, sorry for no BTC update on the 14th due to busy real-life work. Alright, continuing with BTC, this morning it's still quite bearish. Yesterday's candle on the 14th was strongly bearish and almost entered the orange zone area at 64865 - 63261. However, the fear and greed index is at 74 (greed), while the stoch RSI has entered the oversold area. As usual, it's the weekend, which typically means low volume in the market. My personal opinion is there's a 60% chance for a pump without entering the orange zone area and a 40% chance for BTC to dump into that area. Again, don't be FOMO, stay safe, keep calm, always manage your risks and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC's Next Move: Major Drop or Bullish Surge?GM crypto bro's, this morning's BTC close on the 12th was quite bullish but also faced significant rejection. From a technical analysis perspective, the stoch RSI has touched the oversold area, while the fear and greed index has decreased from 72 to 70. However, the fear and greed index status is still in the greed zone, indicating a big possibility for BTC to be dropped again by market makers. The potential drop might be around the orange zone of 64865 - 63261, as I mentioned earlier. But keep in mind, the market is dynamic, and even experienced people can fail in their predictions or technical analyses. Again, don't be FOMO, stay safe, keep calm, always manage your risks and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC's Double Top Validated: Is Another Drop Coming?GM, BTC's price really dropped as I warned days ago. The stoch RSI is dropping deeper and entering the oversold area, but the fear and greed index is still at 72 (greed). My personal outlook is that there might be one more drop for BTC because the double top is valid. The potential drop target is around 64865 - 63261. If the fear and greed index drops from greed to fear, that might be when the pump will happen again. For the pump, as I mentioned before, the target is around 76K. Again, don't be fomo, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC's Pattern Dilemma: Double Top or Cup and Handle?GM, BTC is still trending sideways today. The fear and greed index is currently at 74, up from yesterday's 72, while the stoch RSI has declined but hasn't yet entered the oversold area. BTC's price appears to be forming a double top pattern as mentioned yesterday. However, from another perspective, BTC also shows signs of forming a cup and handle pattern, which is a bullish pattern. If this pattern is valid, it increases the chances for BTC to pump to the 76K area. Stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
9
Paris Stock Exchange Set to Open Lower Amid Political UncertaintThe Paris Stock Exchange is expected to open lower on Monday following the European elections, which have raised concerns about the political landscape in Europe. The CAC 40 futures dropped 76.5 points to 7925 points at around 8:15 am, indicating a session start in the red. Markets are reacting to the rise of nationalist parties and French President Emmanuel Macron's announcement of the dissolution of the National Assembly and early legislative elections. If the far-right National Rally party wins, Macron could lose domestic control, adding uncertainty to the market. The CAC 40 dropped 2.4% at the open, leading European market losses, while the Frankfurt DAX and pan-European Stoxx 600 also retreated. The euro has dropped to its lowest level in nearly a month due to the political developments.
EURONEXT:PX1Short
by signalmastermind
BTC's Battle Continues: Break 71800 or Risk Double Top Drop?GM crypto bro's, the weekend is over, it's time to battle in the market again. The candle close on the 9th was slightly bullish, but if the price still can't break through 71800++, the double top pattern continues to threaten BTC with a deeper drop. The stoch RSI this morning is approaching the oversold area, and the fear and greed index has started to drop to 72 greed from yesterday's 75 greed. Let's see where the market makers will take the market. Stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Double Top Threat: Correction to 64K or Breakout Beyond 73K?GM, the weekend market today tends to be low volume. This morning, the stoch RSI is starting to head towards the oversold area, while the fear and greed index is at 75, indicating greed. Looking at the daily timeframe, there is potential for BTC to form a double top pattern. If this pattern is valid, it could lead to a correction down to the orange zone at 64846 - 63261. If this happens, it might push the fear and greed index into the fear zone. However, the possibility for a BTC pump is still there, as BTC has attempted to break through the 71K - 73K range more than three times and has failed so far. If it succeeds, price discovery will happen for BTC. Stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Faces Strong Bearish Close: Drop to 67K Before a Pump to 76KGM, the candle close on the 7th this morning was quite strong bearish, plus we've entered the weekend where the market tends to be low volume. The stoch RSI has started to drop from the overbought area on the daily timeframe, and the fear and greed index is currently at 72, indicating greed. My personal outlook for BTC shows potential for another drop, maybe around the 67K - 66K area. However, there's still a possibility for a pump back up to the 76K area afterward. Don't be FOMO, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Sideways Over the Weekend: Correction to 69600 or Push to 76GM, crypto bros. As mentioned yesterday, BTC will likely move sideways. Technical analysis is showing price rejection over the past two days, and it's common for market volume to be low during weekends, leading to sideways movement. So, where is BTC heading? Looking at the fear and greed index, we're still in the extreme greed zone, while the stoch RSI has entered the overbought area. This could indicate a potential correction for BTC, possibly around 69600. However, my personal target remains 76K. Don't FOMO, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Faces Rejection at 71800: Correction Ahead or Another Pump?GM, crypto bros. Yesterday's candle close on the 5th was still quite bullish, but there is some price rejection around 71800. Maybe today we'll see a bit of a correction. The stoch RSI on the daily timeframe is starting to enter the overbought area, indicating a possibility for BTC to correct. The fear and greed index is at 78, extreme greed, increasing the potential for a correction. Overall, my personal target price remains at 76K. But keep in mind that the market is dynamic; we could still see a strong pump today, beyond analysts' predictions. Remember, in the market, our true opponent is our own ego. Don't FOMO, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
Bitcoin (BTC) Market UpdateCurrent Situation: Yesterday, Bitcoin saw a 4% move to the upside, igniting the rest of the market. If this trend continues, we could be in for a very strong month. Resistance Levels: Major Resistance: $72,000 (bottom of the range area acting as major resistance) All-Time High: $73,800 Next Resistance: $76,000 Market Dynamics: Short Squeeze Potential: Many short BTC traders have their stop-losses just above $72,000 and even more above the all-time high of $73,800. If the price starts triggering those stops, it could cause a cascade effect, pushing the price higher as short traders cover their positions by going long. Bullish Breakout: A move above the all-time high of $73,800 will likely trigger significant bullish momentum, potentially driving the price to $76,000 or higher if a massive short squeeze occurs. Impact on Altcoins: Bullish Sentiment: A breakout above the all-time high will be very bullish for the broader market, especially for altcoins, which have been lagging in recent months. Trade Strategy: For Bulls: Watch for a breakout above $72,000 and $73,800 for potential long opportunities, targeting $76,000 and higher. For Bears: Be cautious of potential short squeezes and set stop-losses appropriately above key resistance levels. Stay vigilant for market movements and ready to capitalize on potential bullish trends. #Crypto #Bitcoin #BTC #MarketUpdate #ResistanceLevels #ShortSqueeze #BullishTrend #Cryptocurrency #Trading #Blockchain
by Richtv_official
1
BTC Pump with Strong Volume: Will It Reach 76K?GM, nice pump for BTC this morning. The stoch RSI has successfully exited the oversold area, and BTC's price pump is accompanied by good volume. However, the fear and greed index is still in the greed zone, now at 75, up from 73 yesterday, indicating there is still potential for market makers to drop BTC's price again. But technically, my personal outlook is that BTC will slowly move sideways around the 72K - 73K area and then continue to pump to our initial target of 76K. Don't FOMO, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Sideways in Yellow Zone: Will It Dump or Pump to 76K?GM, this morning BTC on the daily timeframe is still sideways within the yellow zone. The probability for a dump is still present as RSI remains in the oversold area and the fear and greed index is still in the greed zone. The target price remains the same at 76K. Let's see what the market makers will do this month. Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC's Bullish Monthly Close: Ready for a Pump to the Green Zone?GM, today's monthly BTC closing is quite bullish. On the daily chart, there's still rejection for a pump out of the yellow zone area. The RSI indicator is still in the oversold zone, and the fear and greed index is still in the greed area this morning. My personal outlook is that BTC might drop again if it can't break above the yellow zone area, but there's still a chance for BTC to strengthen and pump to the green zone area at 76150 - 77302. Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki