BTC Stuck in Orange Zone! Is Accumulation Time Here?
GM crypto bro's, this morning the Fear and Greed index is at 27 (fear), and the Stoch RSI is still above the oversold area. Bitcoin's price action is still fluctuating within the 58K - 56K range. It seems BTC will continue to move sideways within the orange zone between 56507 - 53046, as I mentioned before. Several bearish news pieces have increased the potential for this sideways movement.
But as long as the Fear and Greed index remains in the fear zone, it means we still have an opportunity to accumulate BTC. 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.
But as long as the Fear and Greed index remains in the fear zone, it means we still have an opportunity to accumulate BTC. 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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