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The price of Bitcoin has surpassed the threshold of 97,000 USD, but what is surprising is that the fear and greed index did not increase accordingly, but instead decreased to 82, still within the extremely greedy zone.
The phenomenon of peak divergence in terms of sentiment still exists; if the price continues to rise while this index cannot exceed 90, then the surge to 100,000 USD may be the final frenzy.
Although the cryptocurrency market does not feel enthusiastic yet, in the USD market, MicroStrategy (MSTR) and ETFs have clearly shown strong FOMO sentiment.
Once the price surpasses the threshold of 100,000 USD, the buying frenzy will explode. Considering the overall market sentiment, cash flow, and general trend, the peak of this bull run could lie above 100,000 USD, which is reasonable and logical.
$BTC #BTC☀ #BinancePizzaVN #Write&Earn
The phenomenon of peak divergence in terms of sentiment still exists; if the price continues to rise while this index cannot exceed 90, then the surge to 100,000 USD may be the final frenzy.
Although the cryptocurrency market does not feel enthusiastic yet, in the USD market, MicroStrategy (MSTR) and ETFs have clearly shown strong FOMO sentiment.
Once the price surpasses the threshold of 100,000 USD, the buying frenzy will explode. Considering the overall market sentiment, cash flow, and general trend, the peak of this bull run could lie above 100,000 USD, which is reasonable and logical.
$BTC #BTC☀ #BinancePizzaVN #Write&Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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