Bitcoin Sentiment Remains Neutral As Traders Hesitant To Become Bullish

Quick Summary:

Data shows the Bitcoin trader sentiment has remained neutral recently, suggesting the market is currently not sure about a bullish outcome.

The Fear & Greed Index has two special zones called the extreme fear (below 25) and the extreme greed (above 75) where this likelihood could be assumed to be the strongest.

The reason behind the sentiment degrading into the neutral region is naturally the slowdown of the bullish push in the asset’s price.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: Bitcoin Neutral Sentiment Bitcoin Neutral Bitcoin sentiment BTCUSDT Btc Bitcoin News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 16:00:06 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22660063

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 6 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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