Market sentiment in the cryptocurrency space is improving as Bitcoin holds above $90 000. Current investor sentiment is stronger than at the beginning of the month when Bitcoin was trading above $100 000. The Crypto Fear and Greed Index showed a Fear level of 20 on Friday — two points higher than the previous day. The indicator is almost 10 points higher than on November 13 — the last day Bitcoin traded above $100 000 before falling again. At the time of publication, Bitcoin is valued at $91 032, and analysts are debating how soon it can regain the $100 000 level. Analyst Ted stated on Thursday on X that if Bitcoin reclaims $93 000–94,000, then reaching $100 000 could happen before any decline. Meanwhile, Santiment reported on Wednesday that a rise in bearish sentiment on social media has historically indicated positive market dynamics!
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Market sentiment in the cryptocurrency space is improving as Bitcoin holds above $90 000. Current investor sentiment is stronger than at the beginning of the month when Bitcoin was trading above $100 000. The Crypto Fear and Greed Index showed a Fear level of 20 on Friday — two points higher than the previous day. The indicator is almost 10 points higher than on November 13 — the last day Bitcoin traded above $100 000 before falling again. At the time of publication, Bitcoin is valued at $91 032, and analysts are debating how soon it can regain the $100 000 level. Analyst Ted stated on Thursday on X that if Bitcoin reclaims $93 000–94,000, then reaching $100 000 could happen before any decline. Meanwhile, Santiment reported on Wednesday that a rise in bearish sentiment on social media has historically indicated positive market dynamics!