Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible

Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped into a phase of consolidation around the $118,000 level. The recent pause in upward momentum hasn’t dampened market sentiment, which remains firmly bullish. According to Coinmarketcap’s Fear & Greed Index, Bitcoin is still currently sitting at a greed level of 68. This sentiment, combined with technical analysis of the Logarithmic Growth Curve (LGC), shows that Bitcoin is still on track for powerful upward moves source: https://www.newsbtc.com/news/bitcoin/bitcoin-re-enters-profit-zone-as-greed-rises-but-rally-to-200000-still-possible/