Bitcoin has approached the $100,000 mark in the past 48 hours, creating a wave of optimism in the market. 📈 The Crypto Fear and Greed Index, which tracks investor sentiment, has hit 94 for the first time in three years, indicating extreme greed.

- The last time this index reached 94 was in February 2021, when BTC hit a record high above $47,000.

- The market often corrects after the index shows extreme greed. Analysts predict that BTC needs a significant correction to extend the price rally until 2025.

- An altcoin season may be approaching as BTC cools down, causing capital to shift to other coins. 🔄

This event could be a sign of a new phase in the cryptocurrency market.