GM Crypto Bro's, this morning, the fear and greed index is at 39 (fear), and the stoch RSI is still in the overbought area. Finally, BTC managed to close a candle above 60K. The next big possibility is a move to the 64K-65K area.
However, this doesn’t mean the possibility of a correction to 57K-56K is gone. The chance is still there, but since BTC has now closed above 60K, the potential for a correction has decreased. 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.
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