FxPro - Analytics

FxPro

751.75 6.25/10
88% of positive reviews
Real

Bit-comment: Bitcoin grew, but without FOMO

Bitcoin got help from buyers after a decline to $8700 and now try to cling to $9000. In any case, the dynamics of the last few days do not fit into the representation of crypto enthusiasts in halving-FOMO. There are growing fears among cryptomarket participants that falling below the 200-day average (now at $8,500) will trigger a wave of sales. In the meantime, this line acts as a support. Historical data shows that after halving, we may well expect a significant decline, but mostly it is based on the fact that before halving there was a growth. The Crypto Fear & Greed Index has gone down again, losing 4 points in the last 24 hours.

Bit-comment: Bitcoin grew, but without FOMO

The FxPro Analyst Team


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree