The Fear & Greed index revealed that the market was in a “fear” phase.price once again dropped under the $26,000 mark, sparking fear among investors. The king of cryptos has been reluctant to turn its price action bullish for months as it failed to breach $30,000. However, if history is to repeat itself, BTC will soon enter a bull market.This possibility seemed likely as an important metric showed a similar pattern as in 2019, after which BTC’s price skyrocketed.
left the bear market bottom. Therefore, this gave hope that BTC might witness a bull rally over the coming months.is trading below the STH cost basis for the third consecutive day. In June, it traded below for 10 days.
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