@BOMBERuss 6 October 2021 more from that month

Bitcoin is now near the peak levels of early September. Overcoming the peak at $53,000 will open a direct road to the highs of May (just below $60,000). The short-term technical picture is now on the side of the bulls, as BTC/USD managed to return to the area above the 50- and 20-day averages with a strong movement on October 1, swallowing the failure in September. At the same time, the RSI remains at a distance from the overbought area, indicating that the potential for growth remains. The cryptocurrency index of fear and greed broke into the territory of greed, reaching the level of 68 (+9 points per day and 44 per week). The inability to overcome the peak of September can quickly return despondency to cryptocurrencies, from which many continue to expect explosive growth, but they are also quickly disappointed. #CryptoTrading