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.
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.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.