Greed

Ethereum

Bitcoin

when

Time

Bitcoin, the leading cryptocurrency, has been experiencing a tremendous rise in recent days, rising above $58,000 again after years. 
BTC, which was getting closer to its peak of $ 69,000 in 2021, dropped to $ 15,000 during the bear season in 2022. 
BTC, which bottomed at $ 15,000, has been gradually rising since 2023, and BTC last reached up to $ 58,760. 
As we mentioned in our previous analysis, the biggest obstacles for Bitcoin were seen as the $ 57.00 and $ 59,400 levels. However, BTC surpassed $ 57,000 in today's rise and focused on $ 59,400, which is the only obstacle in front of it. 
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-btc-is-above-53000-again-after-26-months/" target="_blank" rel="dofollow">Bitcoin (BTC) is Above $53,000 Again After 26 Months!</a> 
While altcoins were also mobilizing along with BTC, Ethereum (ETH), the largest altcoin preparing for the Dencun upgrade, exceeded $ 3,300. 
While some investors who made leveraged transactions were left behind with the rise in BTC and altcoins, according to data from Coinglass, a total of $ 29.49 million short positions were liquidated in the last hour. While short liquidations in the last 24 hours were 115 million dollars, long positions were liquidated for 101 million dollars. 
<img decoding="async" class="alignnone size-full wp-image-135945" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/02/Ekran-Resmi-2024-02-28-11.32.55.png" alt="" width="615" height="389"> 
Finally, when we look at the Fear and Greed index, it is seen that it is in the Extreme Greed position with 82 points. 
<img decoding="async" class="alignnone size-full wp-image-135946" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/02/Ekran-Resmi-2024-02-28-11.34.37.png" alt="" width="1010" height="549"> 
While the entire market is going green with the recent rise of BTC, we will be monitoring whether this rise will continue. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-doesnt-stop-btc-exceeds-58000-for-the-first-time-after-december-2021/">Bitcoin Doesn't Stop! BTC Exceeds $58,000 for the First Time After December 2021!</a>

Bitcoin Doesn't Stop! BTC Exceeds $58,000 for the First Time After December 2021!

Bitcoin Sistemi EN

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