🙏 BTC HOLDS BREATH 🙏
On January 23, 2024 $BTC corrected to over $38500 from the recent peak of over $48800, the fear and greed index was 49 neutral zone, after that BTC had a recovery and growth to create an all-time high of over $73000.
Currently, after reaching a peak of more than $73,000, BTC has adjusted to the nearest bottom of $49,000 on August 5, 2024. The greed and fear index is 20, the extreme fear zone, and also in the extreme fear zone, many organizations and large funds have bought in to catch the bottom and BTC has recovered, forming a 1W candle with a leg drawn from the nearest bottom of $49,000. Can we see a case of BTC recovering and growing to break the all-time high? When the 1W candle on January 29, 2024, BTC was also a candle with a leg drawn at $38,500 and then created a peak of more than $73,000 a while later.
Note: The article is a personal perspective, not investment advice. #BecomeCreator #BinanceSquareCreatorAward #MarketDownturn