Cryptocurrency analysis company Alphractal spoke about what they expect in Bitcoin in its statement. Here are the details.
Cryptocurrency analytics firm Alphractal has shared its latest views on the state of the crypto market, examining the market dynamics of sentiment indicators such as the Fear & Greed Index, social media sentiment, and Google Trends data.
Alphractal highlighted that the Fear and Greed Index recently broke out of the “extreme greed” zone, a phase usually associated with market tops. This shift coincided with Bitcoin’s $108,000 peak. The analysis suggests that a breakout from this zone could signal the start of a more sustainable market trend.
Source - Bitcoin Sistemi
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