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CoinOtag 2023-06-24 15:26:50

Matrixport: Bitcoin Greed at Its Peak, Bulls Predict a Breath-taking Pause!

A recent report reveals that the Bitcoin Fear and Greed Index, provided by Matrixport, has reached a level of over 90%. This index, which measures the emotions of fear and greed in the cryptocurrency market, has experienced a significant increase from its previous position of 10% just 10 days ago. According to historical data, levels above 90% suggest that the market may be reaching a local peak, while levels below 10% indicate a potential bottom. This indicates that Bitcoin may consolidate at these levels before further upward movement. The post Matrixport: Bitcoin Greed at Its Peak, Bulls Predict a Breath-taking Pause! appeared first on COINOTAG EN .

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