#Analytics #BTC

🪙 Many analysts suggest that the rise of #BTC was artificial, as major market players did not have time to stock up on Bitcoin before the #bullrun began. There is speculation that casual retail investors will jump on the trend, leading to a breakthrough, only to be shaved off later; potential targets are 1 BTC = $50,000.

🕯 This is indicated by the level of the Fear and Greed Index. Last week, for literally 1-2 days, the level was at a fear mark of 28 (not enough time to buy or sell assets). The comfort zone for accumulating assets in a portfolio is $48,000-$52,000.

✍️ Be cautious with long positions. The best strategy in this market is scalping trading with altcoins.

This is not a trading recommendation