BTC's Bullish Close: Will It Pump to 70k or Drop Further?
GM, yesterday's candle closed quite bullish on the 30th, but BTC's price still hasn't exited its yellow zone. The fear and greed index is currently at 73 (greed), and the stoch RSI has entered the oversold area, but there's still a possibility that the price could drop even further.
My personal outlook is that there is still a chance for BTC to pump to 70k++, but don't ignore the potential for a deeper dump as well. Let's see how the monthly close for May turns out.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
My personal outlook is that there is still a chance for BTC to pump to 70k++, but don't ignore the potential for a deeper dump as well. Let's see how the monthly close for May turns out.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
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