π Crypto market recovers after a long fall Bitcoin at $23,500. Meanwhile, the value of the index of fear and greed will rise to 33/100. This still means fear among market participants, but this figure is already significantly higher than it was until recently. The last time such market sentiment was recorded was in April 2022, when bitcoin was trading around $40,000. It is also worth noting that the weekly RSI is climbing from an local low of 25 to 35, which could indicate significant upside potential for the cryptocurrency market in the foreseeable future. #bitcoin #btc #cryptocurrency #crypto #cryptotrading
No comments yet