Bitcoin Hasn’t Reached Its Peak
According to analysis from CryptoQuant, Bitcoin (BTC) has not yet reached its price peak and is still in a phase of sustainable growth potential. STH SOPR Index indicates the current market is at an average level, far from extreme greed.
Signals from 30d MA Index
Through the 30-day moving average (30d MA) index, many forecasts affirm that when STH SOPR enters extreme greed, the market often faces difficulties, leading to major corrections. Conversely, extreme fear marks a phase of accumulation and signals past market bottoms.
Controlled Market Optimism
Based on analysis, the market is currently in a phase of controlled optimism, allowing cautious investors to adjust their portfolios. However, analysts also warn that these psychological indexes need to be monitored in the coming weeks; if they quickly enter extreme greed, it could lead to profit-taking and trend reversals.
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