From Investing.com

November 22, 2024 10:30 AM:

The crypto market is experiencing extreme greed in the ongoing bull cycle, fueled by Bitcoin’s historic milestone. The Fear and Greed Index has reached 94, indicating high optimism among investors. Bitcoin is trading at $98,600.30, inching closer to $100,000. Market analysts warn of potential price corrections due to overbought conditions.

Investors are cautioned to be wary of extreme greed in the market and potential price corrections. Despite the warning, some view the high Fear and Greed Index as a bullish signal that could drive further price increases. Experts advise vigilance and monitoring market trends closely, especially with Bitcoin nearing $100,000.

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