Today's Fear and Greed Index fell to 53, shifting the market into a "neutral state"
Let's look at both sides:
Bullish reasons: The news offers a new narrative, which will attract more attention;
Bearish reasons: Confidence has been affected, so short-term buyers may be more cautious;
My take: Both sides have their logic. What really matters is which way the volume and price action of $BTC lean.
$BTC is currently at 81740, down 2.06% over 24 hours, with a 24-hour range of 81444.42–84146.72.
#BTC
Let's look at both sides:
Bullish reasons: The news offers a new narrative, which will attract more attention;
Bearish reasons: Confidence has been affected, so short-term buyers may be more cautious;
My take: Both sides have their logic. What really matters is which way the volume and price action of $BTC lean.
$BTC is currently at 81740, down 2.06% over 24 hours, with a 24-hour range of 81444.42–84146.72.
#BTC