The Fear and Greed Index, a popular indicator used to gauge market sentiment in the #crypto world, has shifted to a neutral position following #Bitcoin 's recent breakout from a falling wedge pattern. This wedge breakout is typically viewed as a bullish signal, as it indicates that the downward trend has likely ended and an upward momentum is building.
This shift could open the door for more positive price action, as falling wedges historically predict bullish continuations.
