Bitcoin Charts Update: Bitcoin goes to 35k

BITCOIN SENTIMENT STILL AT EXTREME FEAR; NVT SIGNAL REPLICATING JULY TREND

BITCOIN UPDATE

Bitcoin is currently trading at $41,723.80 and still got no interesting movement for weeks now.

Fear and Greed Index

Bitcoin Fear and Greed Index is still printing Extreme Fear across the market. Retail investors are most likely hesitant in buying at the moment wherein, all the while, smart money is accumulating since October last year. Take a look at the number of BTC addresses holding more than 10,000 BTC.

Also, looking at NVT Signal, it looks like good news is about to come? It is starting to go up and above like it did when we bottomed last July 2021.

NVT Signal

But still, it won’t hurt to be careful. Try and factor in the risks to lessen losses and maximize profits.

What are your thoughts on these charts? Comment down below.

For more charts relevant to market top readings, stay tuned. 😉

DISCLAIMER: THIS IS NOT FINANCIAL ADVICE.


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Elisa A.

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