BTCUSD: Big Drop to 61K - Best Time to Buy?
GM crypto bro's, woke up this morning to find BTC had dropped significantly to the 61K area. As of this morning, the fear and greed index has also dropped into the fear zone at 37, while the stoch RSI is still in the oversold area.
Yesterday, I mentioned a 20% chance of a drop, and that’s exactly what happened. There's also a chance BTC might test 60K again. But seeing the fear and greed index in the fear zone is the best time to buy more bitcoin.
And always keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
Yesterday, I mentioned a 20% chance of a drop, and that’s exactly what happened. There's also a chance BTC might test 60K again. But seeing the fear and greed index in the fear zone is the best time to buy more bitcoin.
And always keep in mind the market is dynamic. Don’t be FOMO, stay safe, keep calm. Remember, nothing is impossible in the crypto market right now. Anything can happen, even the impossible. Always maintain risk, and as always, that’s the crypto update for today.
I’m Akki, one chart. Have a nice day.
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