Greed

Bitcoin

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The Bitcoin Fear and Greed Index’s value has hit 65, which is the Greed area. When this index shows Greed, it means the <a href="https://u.today/is-bitcoin-overheating-this-index-might-suggest-so" rel="noopener noreferrer nofollow">market is saturated</a> and the price may be in for an upcoming price correction.
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 Bitcoin Fear and Greed Index is 65 — GreedCurrent price: $34,235 <a href="https://t.co/XdAAmEA6tg" rel="noopener noreferrer nofollow">pic.twitter.com/XdAAmEA6tg</a>— Bitcoin Fear and Greed Index (@BitcoinFear) <a href="https://twitter.com/BitcoinFear/status/1720395430369058947?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 3, 2023</a>
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Currently, the world's flagship digital currency, Bitcoin, is changing hands at $34,415 after a slight price correction overnight, when BTC declined by roughly 4%.
The aforementioned Bitcoin index may demonstrate three zones for BTC (and other major cryptos too) – <a href="https://u.today/bitcoin-index-shifts-to-fear-after-massive-btc-drop" rel="noopener noreferrer nofollow">fear</a>, when it is a good time to buy, neutral and greed. The latter signifies that investors may soon begin to sell some of their Bitcoin to lock in profits.
Whale Alert has already spotted a massive BTC chunk sent to a large crypto exchange, Bitfinex. An anonymous whale transferred 7,000 BTC to it – that crypto lump is worth $244,457,443.
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 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 7,000 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a> (244,457,443 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Bitfinex?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitfinex</a><a href="https://t.co/fK3JIglVhV" rel="noopener noreferrer nofollow">https://t.co/fK3JIglVhV</a>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1720228588614468066?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 2, 2023</a>
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Over the past 24 hours, the Bitcoin price has shown a decline of 3.64% after an earlier rise of over 5%

Bitcoin Fear and Greed Index Shifts to Greed Zone, Suggesting BTC May Be Overheated

U_Today

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