Bitcoin Lingers in a 'Neutral' Phase as the Fear and Greed Index Signals Market

[sirty143]

Bitcoin Lingers in a 'Neutral' Phase as the Fear and Greed Index Signals Market Consolidation

On Sunday, October 8, 2023, bitcoin’s price teeters just below the $28K threshold, marking a 2.6% rise from the previous week. Presently, the Crypto Fear and Greed Index (CFGI) hovers at a “neutral” 50 out of 100, a stance it’s held over the past week. Technical data reinforces this balanced outlook, indicating bitcoin’s price movement has nestled into a tighter band. See more for yourself here.

Your opinion is greatly appreciated.