BITCOIN UPDATE
Bitcoin is currently trading at $41,723.80 and still got no interesting movement for weeks now.
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.
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.
Elisa is our Head of Market Analysis at Rocket Crypto X
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