The fear and greed index of Bitcoin (BTC), which is a key measure for measuring market sentiment, has been placed in the greed range by recording the number 70.  However, this index is still far from the extremely greedy zone that starts at 75.
 It is noteworthy that despite the significant increase in the price of Bitcoin, the reaction of investors has been cautious and far from extreme excitement.  Analysts evaluate this balanced behavior of the market as a positive sign for the continuation of the rising price trend.

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