Bitcoin tradingview.com/chart/?symbol=BITSTAMP:BTCUSD is making a strong recovery, pushing higher with steady momentum. Despite the rally, the FOMO-O-Meter 2 shows no extreme greed—meaning the market isn’t overheating just yet.
With no signs of irrational exuberance, BTC could have room to run. Technicals point to a
92K target, and as long as sentiment remains measured, this move might have legs.
Are we in for a grind higher, or is this the calm before the real FOMO storm? Let me know your thoughts!
With no signs of irrational exuberance, BTC could have room to run. Technicals point to a
92K target, and as long as sentiment remains measured, this move might have legs.Are we in for a grind higher, or is this the calm before the real FOMO storm? Let me know your thoughts!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.