#Bitcoin "Fear and Greed Index" was seen at 26 (fear) level in April 2020, and then a rapid rise was recorded and $64K ATH was realized.
After the correction following this rise, the index fell to 26 levels again and with a rapid recovery, $BTC and ATH were renewed.
When we look at today; The "Fear and Greed Index" is at 26, the lowest level since January 2023. At that time,#BTCwas $16.5K and the total crypto market cap was $800 billion. Since then, $BTC has increased by approximately 300% and made ATH.
I think the past cycle is repeating itself now. Well; Considering that the index for #Bitcoin, which fell after its $74K ATH, is at 26 again, it may not be wrong to say that it is time to refresh its ATH.
Do you think Bitcoin will make its 2nd ATH in a short time?