Bitcoin (BTC) has reached its highest level in the last 6 months as it gained over 11% in the last 24-hour period.
With FTX bankruptcy 15 thousand dollars Bitcoin, which has regressed to levels, since the beginning of this year close to 50% with a rising performance $24,700 reached levels. Bitcoin passed with this rally. august the middle of the month It’s been the highest level since.
Moreover Bitcoin Fear and Greed Index (FGI) In the periods when the bear market was felt most deeply, it decreased to 6, but with the recent rises, it exceeded 60. “greed” had reached their level.
Bitcoin FGI is at its highest level since November 2021, according to data from Alternative.me. “62” reached. Market commentators say that the index, which has been in the extreme fear zone for a long time, is a result of the rapid rise in a short time. bull preparation While some say it could be a “bull trap”, some think it could be a “bull trap”.
Bitcoin, at the time of writing, according to CoinGecko data from $21,665 is being traded.