Bitcoin Analytic Eyes ‘close to the noon’ While Cripto Fear guess red

The price of bitcoin could approach its bottom of this cycle, because it remains below $ 83,000, and the market feeling remains fear, according to the founder of the crypto fund.

“Some wider macro data still looks bad, but it would also not surprise that we put almost time locally given the significant level of fear and liquidation,” Bitcoin analyst and the Digital Fund for Property said that Charles Edwards said Continthlegraph.

Feeling Bitcoin is slightly improving despite the stagnant price

In spite of cryptic fear and greed Index – which measures the total crypto market sense – touching more than Two-year low score 10. February 26. FebruarySignals “Extreme Fear”, Edwards said he did not pay much attention to it.

“I’m not a big believer in the crypto F & G metric and strongly prefers the metric of CNN fear and greed, which cover the wider market. And today it is in extreme fears. Like the AII survey for feeling,” he said, reference on the survey of the American Association of Individual Investors.

27. February, Cripto Fear & greed index Altennative.me jumped 6 points on “Extreme Fear” Score 16, even as Bitcoin (Btc) Did not show signs of recovery. Bitcoin is in the last 24 hours in the last 24 hours, traded $ 82,260 at the time of publication, toward to get the data for coinmarketcap.

Many observers indicate macroeconomic insecurity and concern over US President USA Suggested Tariffs Donald Trump As key reasons for Bitcoin and the wider drop in the crypt market. Since Trump’s inauguration is 20. January, When Bitcoin hit her time of $ 109,000The property dropped almost 24.5%.

Edwards sees the blinking indicators of red feelings as a sign of market return. “We have a lot of bear” Ignition “. Which historically was a good marker for a potential opportunity for a DIP / reversal,” he said.

The CRIPTO investment research survey Sistine research said BitCoin would recently DIP at 82,242 could mark almost the term.

“IMO ~ 30% quota that was PIKO low at BTC” “Sistine research said In February 27 x the post. However, it warned that if the stock market was found in the coming days, Bitcoin could find the bottom to $ 73,000 – a level not seen from 7. November.

Related: Bitcoin Kit “Spoofi” accumulates $ 344 million BTC as yield in the amount of 90k $

Standard and poor 500 (S & P 500) were reduced by 4.13% in the last five days of trading, according to Google Finance data.

Cryptocuant founder and General Manager Ki Young recently said The chances of Bitcoin falling below $ 77,000 “are low.”

Bitcoin still has a “boot room”

Meanwhile, Global Economist Cripto Exchange Krakeken, Thomas Perfum, said 26. February, said Bitcoin’s structural indicators “indicate that the broader crypto market still has room to start.”

“Currently, dominance remains strong in low 60s – indicating that market momentum has not yet reached speculative peak. At the time, the market cape increased by 11% to this day, signaling the orange deployment of capital,” the perfume said.

The founder of the collective shift Ben Simpson recently told the cointellerograph that the current market conditions could present the opportunity to buy for crypto investors.

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