Crypto News

Bitcoin holds over $ 90K, so why is “greed” perception?

Key separation:

  • Cripto Market Sentiment hit two-month high with the CRIPTO FEAR & Greed Index that returns to “greed” territory 23. April.

  • Despite this, collecting bitcoin prices, the result of sentiment gradually declines, and analysts express suspicion in relation to the sustainability of the set.

  • The Market Krippo is still Bitcoin-difficult, with its dominance above 64%, strong ETF inflows and the low score of the AllCoin season.

Bitcoin’s few days before the $ 90,000 increase the crypto market in his highest point 23. April, but re-elaged as a criminal analysts of the sustainability of Bitcoin Mition.

23. April, Cripto Fear & Greed Index The result of 72 out of 100 of 100 is set, putting it in the “greed” zone as bitcoin (Btc) Returned above $ 90,000 level. However, from 25. April, the result fell to 60 despite a relatively stable price.

Crypto sentiment in two-month high

The last time the index hit this result was 4. February, around the same time president Donald Trump Tariffs introduced and Bitcoin fell below $ 100,000. Bitcoin has received the price level of $ 90,000 from 6. Marta for the first time.

Cryptocurrency, markets
Bitcoin trades $ 93,130 at the time of publication. Source: Coinmarketcap

However, despite Bitcoin traded between 91,800 and 94,304 dollars in the last two days, the feeling in the “greed” territory is gradually cooled, and the index that fell 24. and 60. April 25. April.

Lightweight withdrawals Follow the warnings of several crypto analysts who remain careful in the Mingin Bitcoin, including 10K Head Research, Markus Thielen, who is not Still convinced of the rally.

“Since our stable coating indicator is yet to return to high activity levels, we remain careful about the sustainability of the current Mithing Bitcoin,” Thielen said March 23. April.

Meanwhile, Bitfinex Analysts said 24. April That while bitcoin is a relative power Anti-American actors “looks real” yet to be confirmed as structural.

However, others are more than one crybing. Mn Trading Capital Founder Michael Van de Poppe said 24. April that “the buyer is likely to enter, and then we will continue the way to the new (all time).”

Related: Bitcoin ‘short grip’ or $ 87,000 request? BTC Predictions Price are different

AltCoin CoinMarketCap Season index Indicates that the market remains greatly to favoritates Bitcoin over Altcoin, with the result of Allsoin sitting at low 17 of 100. The dominance of Bitcoin in 64.39% comes, toward to tradiview data.

Bitcoin sentiment has gained momentum because he touched the middle and $ 80,000 range range. 17. April, Cripto Analytics Company Santiment pointed out that the tone of the social solid Bitcoin was Media Posts rolled over on Bullish.

Meanwhile, Cripto Analysts Square index In April 25. April q asks that place in the US Bitcoin ETFS isSo far until 24. April, they saw their third week inflow from starting in January 2024. years. In the last four trades, the Bitcoin ETFS point has seen $ 2.6 billion net inflows.

Journal: Pokémon on Sui Rumors, Polimarket Street in Philippines Pope: Asia Express

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