$BTC Bitcoin's current sentiment is bullish, with a Fear and Greed Index score of 65, indicating a greedy market. This suggests investors are optimistic about Bitcoin's prospects. However, some indicators show a slight downturn, with a 0.43% decrease in price to $96,300.01. Market volatility and investor emotions play significant roles in shaping price movements
The Crypto Fear and Greed Index analyzes emotions and sentiments from various sources, including social media, market momentum, and trends. A score of 65 indicates greed, suggesting investors are optimistic about Bitcoin's prospects. However, extreme greed can signal a market correction
Bitcoin's market dominance and investor sentiment can influence price movements. Some analysts use the Fear and Greed Index as a short-term indicator to identify buying opportunities or potential market corrections