Leading Bitcoin index now shows fear, indicating change in investor sentiment
Now, after a recent update, the index shows 40. When Bitcoin enters"fear" territory, this may indicate that traders are getting a buying opportunity and the price may face a rise later on.
When the index shows"greed," this may signify that BTC is in for an upcoming price correction.Just recently, Bitcoin was propelled to regain the $27,000 level once Grayscale beat the U.S. regulatory agency the SEC in court in the case related to the SEC's refusal to consider allowing Grayscale to convert its Bitcoin Trust into a spot
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