The price of BTC has risen to 97,000. Surprisingly, the Fear and Greed Index has not only failed to rise but has actually decreased, currently falling back to 82, which is in a state of extreme greed.
This shows that the phenomenon of emotional divergence still exists and is at work. If the price continues to rise while the FG index remains unable to break through 90, then the upcoming surge past 100,000 can be recognized as the final round of a crazy upward phase.
Once the important psychological price level of 100,000 is successfully broken, a buying frenzy is sure to ensue.
Considering various factors, it is reasonable and possible for this bull market to build a top above 100,000.
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