BTCUSD Approaching Key Resistance: Will 99K Hold?

Good morning, crypto enthusiasts! Today’s fear and greed index stands at 84, maintaining extreme greed status. Meanwhile, the stochastic RSI has entered the oversold area, sitting at 88.

From a price action perspective, the range of 96,900 - 97,500 has been successfully broken. The next target is 99K. However, caution is advised as there’s a potential correction range between 98,061 - 96,911.

Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!