BTC surpasses 67k$ . Greed and fear index returns to green level again! Greed
After an extremely difficult time in the last days of June and early July when BTC reached the 53kx$ area, the greed and fear index fell to an extremely low area, many Altcoins searched for a new and very deep bottom at that time?
In the middle and end of July, the price of BTC is showing more positive signs. You often look at the short-term H4 frame or the daily frame, so you draw a lot of ups and downs?
But here, if we look at the monthly candlestick model, if from now until the end of the month the candle closes around the present, it clearly confirms an uptrend in the coming time, the monthly candlestick retreats quite nicely. And looking at the monthly pattern, retesting around the 60kx areas has happened quite a few times and then going up again, so now if there is a test, it is more reasonable to stay in that area than to go deeper..
BTC has been sideways around the 60-70k$ area for quite a long time. If July ends, it will be about 5 months. July, as of now, will be a green candle...
The next month depends a lot on the closing of this July candlestick...