Can Bitcoin (BTC) Reclaim $90K Support as Crypto Fear and Greed Index Hits 34?
BTC/USD Daily Chart (Binance) – Source: TradingView
Our signals system picked up a “decisional” candle on January 20 that confirmed a solid breakout of this pattern.
This system combines trading volumes, trend direction, and candle patterns to identify key movements. When buy or sell signals pop up as the price loses key levels, the probability of a positive outcome increases dramatically.
As we highlighted in a previous Bitcoin price prediction written a few days ago, our baseline scenario is that BTC will drop to $74,000 after this sell signal. For that move to be confirmed, the price must lose the $84,000 support.
That said, the Relative Strength Index is already supporting a bearish outlook as the oscillator dropped below the…
