The Bitcoin (BTC) Fear and Greed Index (FGI) has finally moved into neutral territory after being in negative territory for three consecutive quarters.
Bitcoin Fear and Greed Index, in June 2022 one of the lowest levels in history. to 7 regressed and over a long period of three quarters negative watched in the area. However, Bitcoin has recently 30% by gaining value 21 thousand With the dollar rising above the Fear and Greed Index, 51 reached the neutral zone with points.
Many analysts present volatility and market momentum like rational as well as data social media, Google data like Considering behavioral variables investing in cryptocurrencies by investors density The Fear and Greed Index, which measures It is thought to be used frequently.
your index positive change as well as operating in the cryptocurrency sector. Anthony Scaramucci, Arthur Hayes, Mike Novogratz, Changpeng Zhao and Michael Saylor Many actors such as Bitcoin and crypto money market expect a recovery in the medium term. Moreover Bitboy known as cryptocurrency analyst Brian Armstrong next 45 days Bitcoin in the process 25 thousand to 30 thousand He says he expects it to rise to dollar levels.
According to Coinecko data, the latest 24.1% in seven days value winning bitcoin, end 0.2% in twenty-four hours value lost. Bitcoin at the time of writing 21,341 traded in dollars.
