GM crypto bro's, this morning the fear and greed index is at 72 in the greed zone, while the Stoch RSI remains comfortably in the overbought area.
BTC has pumped quite high to around 68,953, and on some exchanges, it may have even hit 69K. However, the correction to our 64K range has yet to happen. The price action is quite overbought, which makes a dump more likely.
Still, always be cautious—keep in mind that the market is dynamic. Don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.