Bitcoin Nears $100K as Fear and Greed Index at 94 “Extreme Greed”
Bitcoin is making waves in the crypto world, with its price surging to $99,520, just one step away from the long-awaited $100,000 mark. This week alone, Bitcoin has gained 11%, fueling speculation of further price gains. As traders eagerly await more gains, the Bitcoin Fear and Greed Index has reached 94, marking “extreme greed” – the highest level since February 2021. This signals an aggressive buying frenzy, pushing Bitcoin into price discovery territory, where trends tend to escalate quickly. With Bitcoin about to reach a major milestone, all eyes are on its next move in the market.
