Technical analysis by x_Akki about Symbol BTC on 12/5/2024

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!