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.
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