Post by Augustine Chiagozie (@pabloexchange)
๐ Market Overview
BTC: $70,094
ETH: $1,985
Fear & Greed Index: 23 (Extreme Fear)
BTC Dominance: 58.97%
๐ค Frankly speaking, just yesterday evening I was considering the following scenario: a slowdown in the $70K area, a reversal toward $75K to hunt for short sellers' stops, and then a continued drop. But seeing the market's aggressiveness, Iโm starting to doubt it.
Either way, the ascending channel pattern seems to have started playing out, so I won't be surprised if we see Bitcoin hit $60K in the very near future.
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