As #Bitcoin approaches its historical peak (ATH), the social perception of risk is declining to unprecedented levels!
📊 This indicates that the market has started to accept high prices as normal, reflecting a maturity in investor behavior and increasing confidence in $BTC .
💡 The increasing interest of retail traders also confirms that the upward trend is still ongoing.
What is the Social Perceived Risk Index?!
It is an index that measures how investors feel about the risk of Bitcoin, based on data from social media and the digital community.
Index decrease = Less fear and higher confidence in the market (Bullish signal)
Index increase = Increasing anxiety and caution (Potential signal for correction)
It helps in understanding the general market behavior and trends of retail investors.