“Extreme Fear” in the Market Ends With The Recent Rise of Bitcoin (BTC)

While Bitcoin (BTC) rose to the highest level in the last month, the “extreme fear” in the market came to an end after a long time.

bitcoinnext week $20,700 on a weekly basis after starting at 15% has increased and $23,800 rose to levels. With this rise, “extreme fear” still has come to an end.

Provided by Alternative.me “Bitcoin Fear and Greed Index“, 19 July on the “30by reaching the value ” April in the market since “extreme fear” place “fear” left it alone. Currently in the index “31” is being measured.

On-chain data analysis platform centimentIn his post on the subject, he stated that investors “changed their attitude” towards the market and Bitcoin started to move towards a long-term breakout.

centiment In addition, with the graphic he shared in the share, Bitcoin in the stock markets long (long) and short difference between funding positions May since to the highest level stated that it has reached FOMO (fear of missing out) said it could be.

According to CoinGecko data last 24 hours in 7% appreciated Bitcoin (BTC) at the time the news was written $23,455traded from.

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