Bitcoin has traveled a long path of simple financial experience to allow an important value store of value. Currently seated in six-digit vanmentation, the flagship cryptocurrency has amassed a horde of investors who actively benefit from its directive movements.
Despite all its growth, the action of bitcoin prices is always influenced by moments of frenzy, fear and also to count in investors. Currently, data on cheese stress that Bitcoin could be in a phase where caution is the order of things. Here are the details of this review.
Passages at 90 days on MCV to neutral after trends in the program
In an article on June 27 on X, the social media platform, Crypto analyst Maartunn, was reveling that there had been a change in imputing on an important metric. The relevant indicator here is the metric of the cumulative volume of 90 days of the cumulative volume of Delta (CVD), which follow the net pressure of purchase or sale on the Undearm Market of the BTC.
A positive and growing value of metric generally means that the long -term market is dominated by buyers (dominant purchase killing). On the other hand, when the indicator is negative, this means that the long -term market is dominated by short traders (the takers were predominantly sold).Source: @ja_maartunn on x
In the post on X, Maartunn expressed that the current MCV of 90 days is flat, which indicates a balance between the bull -up forces and the lowering on the market. Who the price of Bitcoin could have shown good recovery signs, this piece of data on needs suggests that the market leader could return to a consolidation range.
Bitcoin Fear and Greed Index at neutral levels
In Enotter on June 27 on X, the Crypto Alphracttal analysis firm made an observation of the exchange, you share similar implications with the MAARTUNN report. The revelation of Alphractal was born on the Bitcoin metric: Fear and Great Index Heatmap, which follows the passage of the feeling of the market – from extreme fear to extreme greed – over time.
The metric row 25-49 can be read as a fear, while 50 is interpreted as a new level, where there is a balance between the two feelings of the market. On the other side of the special, the beaches of 51 to 74 indicate greed on the market; 75-100 means extreme greed on the market, showing a generalized optimism which often precedes the vertices of the market.
According to alphractal data, the index of fear and greed is 65 years, which is still far from the +90 levels observed in November and December 2024. This balance between buyers and sellers could suggest that the coup on the market awaits a catalyst, like macro-new developments on the Shein, to obtain an escape from the Ehar side of the market.
Due to the current usratty, traders are advised to walk with cube on the market. At the time of the press, Bitcoin is valued at around $ 107,143, the cryptocurrency losing about 0.11% in the last 24 hours.
Image de Featd d’Istock, tradingView graphic
The price of the BTC on the daily delay | Source: BTCUSDT graphic on tradingView