This has not happened to Bitcoin (BTC) in two years.

This has not happened to Bitcoin (BTC) in two years.


TL; DR

The BTC Fear and Greed indicator has remained in this range for 15 days, a trend not seen since November 2021, according to the BTC Fear and Greed Index, which has shifted investor sentiment to “Greedy”, a trend not seen since November 2021. The price of Bitcoin rose to $36,000, the level in 18 months. Prominent predictions by experts such as Luke Broyles, Max Keizer, and Michael Salor suggest that Bitcoin could reach a high of $200,000 to $3 million per coin.

Deep into the realm of ‘greed'

Bitcoin's impressive price performance over the past few weeks has arguably changed investor sentiment. The popular BTC Fear and Greed index is at the moment. Available In the “Greed” zone, referring to 68.

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BTC fear and greed index
BTC fear and greed index, source: alternative.me

Moreover, the gauge has stayed in that area for the past 15 days, something not seen since November 2021. Remember at that time BTC was in a huge bull run which eventually made it reach a high of around $70,000.

The leading cryptocurrency recently rose to $36,000 (the highest level in 18 months), influenced by several critical factors. Those willing to check out what might be behind the major operation can watch the video below:

Top BTC price predictions

Many experts and analysts believe that BTC's recent rally is nowhere near the end, indicating new peaks for the asset.

Popular X (Twitter) user Luke Broyles is one of them. they proposed that Bitcoin may explode to a ridiculous $3 million per coin in the future, saying the current situation is similar to the Internet in its early days.

Max Keizer (Chairman of El Salvador-based Bitcoin mining startup Volcano Energy) and Michael Saylor (CEO of MicroStrategy) also did. The former assumes that the property may increase to $200,000 following potential social unrest, while the latter He sees BTC trades above $350k, boosted by 2024 halving event.

If you want to see five more price predictions from celebrities, you can watch the video below:

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