🙏 GREED OR FEAR 🙏
Today $BTC closed the weekly candle as a green candle, along with that the greed and fear index also returned to the 25 fear zone. Looking back at the most recent history nearly 2 years ago when the greed and fear index was around the 20 zone, BTC was falling to more than $15,000 from the peak of $69,000. Currently BTC is over $58,000 and the greed and fear index is also around the 20 zone.
Personally, I have a perspective that BTC is currently much more mature than nearly 2 years ago, although I know that it is impossible to predict the future, but if you look at it in the long term, BTC is still an investment channel that brings good profits and that is the answer that BTC still has benefits in the financial market in general.
Many people have been riding the $69,000 peak in 2021 and if they have faith in BTC and apply a long-term capital DCA strategy, they will definitely be making profits. Once again, I want to reinforce to everyone that if you have a long-term capital strategy, not all-in, choosing BTC to invest is always the right choice.
Note: The article is a personal perspective, not investment advice. #Write2Win #MarketDownturn #hotTrends