Akki_san

BTC Faces Strong Rejection: Will It Drop Further or Move Sideway

INDEX:BTCUSD   Bitcoin
GM, this morning BTC started to drop again, and the candle close on the 27th was bullish but faced strong rejection. The fear and greed index is still in the greed status this morning, so overall there's still a chance for BTC to drop further.

However, my personal opinion is that BTC might just move sideways between 69K - 70K until the end of May. Let's see where the market will take us.

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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