TL;DR
Bitcoin’s recent price increase has shifted investor sentiment to “Greed” according to the BTC Fear and Greed Index, with the metric staying in this territory for 15 days, a situation not seen since November 2021.
Bitcoin’s value has surged to $36,000, marking the highest level in 18 months.
Notable predictions from experts like Luke Broyles, Max Keiser, and Michael Saylor suggest Bitcoin could reach anywhere from $200K to an ambitious $3 million per coin, driven by factors including early-stage internet parallels and the 2024 Bitcoin halving.
Deep Into the ‘Greed’ Territory
It is safe to assume that Bitcoin’s impressive price performance in the past few weeks has changed investor sentiment. The popular BTC Fear and Greed Index is currently situated in the “Greed” zone, pointing to 68.
BTC Fear and Greed Index, Source: alternative.me
Moreover, the metric has stayed in that area for the past 15 days, something unseen since November 2021. Recall that back then
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