Greed

Shift

Bitcoin

James

Coin

<ul class="news-points">
 <li><strong>A shift in the Bitcoin sell pressure is imminent, according to James Mullarney.</strong></li>
 <li><strong>Mullarney revealed the factors affecting Bitcoin’s price development.</strong></li>
 <li><strong>Fear and Greed index has climbed to 50 from 46, indicating a bullish sentiment.</strong></li>
</ul>
<p>A shift in the Bitcoin sell pressure is imminent, according to James Mullarney, host of the InvestAnswers YouTube channel. Mullarney revealed the factors affecting Bitcoin’s price development in a recently uploaded video, where he provided a technical analysis of the cryptocurrency market.</p>
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 <div class="wp-block-embed__wrapper"><iframe title="💥OCTA: Bitcoin Sell Pressure Shift Imminent!💥" width="640" height="360" src="https://www.youtube.com/embed/t3LcCXm59uI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </div>
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<p>According to Mullarney, as of Tuesday, October 3, 2023, the crypto market cap was about $1.1 trillion, with a volume of about $40 billion. At the same time, the two top cryptocurrencies, <a href="https://coinedition.com/ethereum-vs-bitcoin-use-cases-technical-differences-scaling-issues/" rel="noopener noreferrer nofollow">Bitcoin and Ethereum</a>, were priced at $27,400 and $1,650 respectively. Mullarney identified those prices as critical levels, especially for <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a>.</p>
<p>The investment analyst thinks that these price levels are critical but in a good way. He noted that the Fear and Greed index has climbed to 50 from 46, indicating an increasing bullish sentiment, which should be a positive development for the Bitcoin market.&nbsp;</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-analyst-thinks-a-bitcoin-sell-pressure-shift-is-imminent/">Crypto Analyst Thinks a Bitcoin Sell Pressure Shift is Imminent</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Analyst Thinks a Bitcoin Sell Pressure Shift is Imminent

Coin Edition

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