Market OverviewBTC: $76,746
ETH: $2,391
Fear & Greed Index: 63 (Greed)
BTC Dominance: 60.02%
Our initial target of $77K has been reached, and more importantly, we saw no real reaction at that level. This means we're likely heading toward a test of $75K next.
Besides expectations of a Fed rate hike, the escalation of the conflict in the Middle East is also putting pressure on the market. Oil prices are rising, along with concerns about further inflationary pressures.Overall, I wouldn't expect much positive action in September.
