While the greed of investors in the cryptocurrency market increased, the $55,000 level began to take shape in Bitcoin (BTC) as psychological support.
Shared by on-chain analysis platform Santiment to data According to the report, certain prices in Bitcoin have become important for the psychological levels of investors.
Firstly Breaking $50 thousand Together, the cryptocurrency market is a “euphoriaStating that it has entered a state of “”, Santiment said that in the scenario of the continuation of the rise, investors 55 thousand dollars as psychological resistance He noted that he could see it.
Also as psychological support 40 and 45 thousand dollar band While pointing out that investors may adopt an aggressive buying attitude in case of a possible retreat in these regions.
Currently the cryptocurrency market fear and greed index At 74 points and it can be understood that investors are generally being greedy.
According to CoinGecko data, Bitcoin, which has increased by 3.5% in the last 24 hours, is at the time of writing. from $51,614 is being traded.
There is a Bear and Bull War in Bitcoin: Peak Price Can Be Found by Following This Criterion! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.