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Analytics and Forecast for [BTC] Bitcoin / Bitcoin For 20.10.2021. itcoin has gained another 2% over the past day and is trading around $64,000. There is very little left before reaching the historical maximum. A bitcoin ETF began trading on the New York Stock Exchange, as a result, bitcoin reacted with growth, approaching the cherished level for many. Nevertheless, it is difficult to call the current dynamics a breakthrough, and if the coin does not demonstrate an increase in momentum, many investors will begin to doubt the ability to continue growing, recalling the “buy on rumors, sell on facts" pattern. The bitcoin dominance index reached 47.7%, reflecting the high demand of investors for the reference cryptocurrency. Leading altcoins currently do not attract the attention of investors. The greed and fear index reached 82, which corresponds to the “extreme greed" mode. The RSI index for the BTC/USD pair on the daily chart continues to grow and is approaching the 75 mark, being in the overbought area. The market as a whole is in limbo, and at the moment the phrase ”what does not grow — falls" may be especially relevant. #CryptoTrading

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