Bitcoin is approaching $ 100,000 brand: Chart of the day

Take Speaker a

The weather is now for chart of the day. We send it to Brad Smith on the appearance of a 100,000 dollar brand approaching, hey Brad?

Updated 00:07 Brad Smith

Yes, a long-time viewer a day, the first time charters here. So let’s look at that key level first, which is 100,000. And yes, that’s what we are able to break this earlier in the year. Much of the Žarka who came out of the election, and then heard some announcements from the incoming administration, and then the president of Trump was opened and took office, Retent Poook, was it in it, would it be followed? What will this strategic Bitcoin reserve look like? What is it in activity? Are Bitcoin customers? And how does it add to the balance sheet? We are considering all these things, we have been waiting for more clarity about some of those at the same time that we have seen this derivation of property and in capital markets and in Kruptou landscape. And so, one of the things I followed was specifically, while we were trying to return to that 100,000 brand, is it an index of fear and greed. And it comes from coinmarket and essentially seen at the current price, instability, marketing and market composition market and evaluates all this information to feel where we are here in this fear and greed, and here is in that fear and greed. And what is interesting is that we are usually, when we look at greed or fear, immediately, as we are in this middle 50s, in the middle to high level 50s, you do not see the price of Bitcoin near $ 100,000 near $ 100,000. And it’s one of the first times we actually been or, sorry, that we were in that peaceful rendtrand and seeing fear and greed still sitting in what would normally be a healthy level for that fear and greed. Because if you look at this multicolor line, yes, we have seen that it is actually the pinnacle above 80, in some points in the 90s when we were still in this range from 60 to 80k. And so it all considered it, it might be one of the first times we will see Bitcoin top or reach 100,000 without having to be at an excessive level of fear or greed. And that’s something I think it’s worth watching out of here. And whether other Altcoyins see any kind, any type of flows in that space, here, Maddie.

04:42 Speaker a

P