Bitcoin crawling towards 25,000 Dollar

Bitcoin is currently crawling towards the 25,000 Dollar mark and it looks like it might just reach it quite soon. This would be an incredible feat and would really solidify Bitcoin in the third quarter of 2022. The quite recent uproar, it is also visible that the sentiment is poitive. We have not yet entered a bullish market yet but it won’t be long untill we leave the bear market.

So far, Bitcoin has managed to remain relatively stable despite all the negative news but it is only a matter of time before it starts climbing again. There are already many people who are predicting that Bitcoin will reach 50,000 Dollars by the end of 2022 and I think that is quite possible.

We have seen how fast things can change in the cryptocurrency world and I am sure that we will see even more surprises in the coming months. So stay tuned and keep an eye on Bitcoin as it might just take off very soon!

Neutral Bitcoin market sentiment

We have come a long way this year with insane drops in value. The market sentiment was nowhere close to positive or neutral. The Fear and Greed score measures the market sentiment based on several indicators, and for the first time since February this year the market sentiment is neutral. Even it is not bullish yet, this is still a small victory we (and the entire crypto market) need this year.

Although the market sentiment is currently quite neutral, it is important to keep an eye on Bitcoin as it might just take off very soon. Please don’t forget to do your own research at all time and don’t fall into FOMO-mood.

What do you think? Will Bitcoin reach 50,000 Dollars by the end of 2022?

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