BTC Correction Imminent?
GM, the candle close this morning for July 1st faced strong rejection even before reaching 64K. The Fear and Greed index is at 51 neutral, and the Stoch RSI is entering the overbought area.
When the Stoch RSI enters the overbought area, a correction is likely. The current BTC chart shows potential for a slight correction to the 62500 - 61200 area.
But 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.
When the Stoch RSI enters the overbought area, a correction is likely. The current BTC chart shows potential for a slight correction to the 62500 - 61200 area.
But 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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