Bitcoin

Fear and greed hit 87!


Bitcoin sentiment is approaching its peak, crypto investors are not wavering at the $90,000 record price.

df3ab22a9496fa42bc0312b576b7cecd4ceb8fb30dee4cabeb066b90746bed08.png

While the price of Bitcoin has just made a week of continuous increase, sentiment in the market is favorable to buyers. The $100,000 may be coming soon. Be careful though, because whales can take advantage of this euphoria to make big sales in a market that seems out of control. Their strategies? Manipulate prices to find lower price levels before buying again to boost the market again. In 2017 and 2021, we have seen this phenomenon several times during the extreme phases of the rise. However, sellers may wait for $100,000 before selling a portion of their position. Nothing is less sure because in this game, even the biggest wallets can get trapped because if the buying pressure is too strong, the risk for the whales is to miss the bullish train. Follow for more!

How do you rate this article?

14


Galaxie Crypto
Galaxie Crypto

Crypto lover


Galaxie Crypto (ENG)
Galaxie Crypto (ENG)

This blog is the English version of my initial bolg. The visibility of my blog in French is very limited. My goal in this blog will be to popularize or condense information about cryptocurrencies. If I make mistakes in English, please help me improve! Let me know in the comments.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.