BTC Drops to 52K - What's Next?
GM crypto bro's, happy weekend? 🗿 This morning, BTC has dropped to the 52K area 💀 — a reminder to always stay safe in the crypto market. Here's the update: the Fear and Greed Index is at 23 (Extreme Fear), and the Stochastic RSI has dived back into the oversold zone 🗿.
So, where is BTC headed? The potential pump still remains at the 60K - 61K range. However, given today's deep drop, there’s a probability BTC could break below 50K and, in the worst case, visit the 44K area.
Always hope for the best and prepare for the worst — let's hope BTC doesn’t dump to 44K 🗿. As always, maintain your risk, and that’s it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
So, where is BTC headed? The potential pump still remains at the 60K - 61K range. However, given today's deep drop, there’s a probability BTC could break below 50K and, in the worst case, visit the 44K area.
Always hope for the best and prepare for the worst — let's hope BTC doesn’t dump to 44K 🗿. As always, maintain your risk, and that’s it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
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.