Bitcoin traders hit the charts in order to determine whether the current bullish momentum can push the price toward $20,000.
witnessing an uptick in bullish momentum
after the positively perceived Consumer Price Index report was followed by a strong rally across the crypto market. The recent rally in Bitcoin is creating increased volume levels and higher social engagement on whether the price is in aWhile the market is still technically in a bear market compared to last week, investor sentiment is improving. According to the Fear and Greed Index, a crypto-specific metric that measures sentiment using five weighted sources, investors’ feelings about the market hit a monthly high.
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