BeInCrypto –

The fear and greed index has been updated to “greed” as Bitcoin hits $ 42,600.

Bitcoin has seen a revival in price after twelve consecutive days of bullish momentum. Bitcoin has seen twelve green days for the first time since February as it headed towards its previous all-time high.

However, after falling dramatically to $ 29,000 in July, Bitcoin is up nearly 45% in less than two weeks. The fear and greed index, currently at $ 41,600 as of Sunday, has shifted to 60, indicating greed in the market. The momentum shift occurs a month after the fear and greed index was 21 or extreme fear.

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