March 29, 2024

Bitcoin price broke through $ 16,000

Bitcoin price broke through $ 16,000

Bitcoin's bull run continues, with a new high set above $16,000.

On November 12, buyers several timestested the $ 16,000 mark. The new annual high was set at $ 16,160. At the time of publication of the article, BTC is trading at about $ 16,120.

The Fear and Greed Index is still at high levels – 87 out of 100 (extreme greed).The last time such a figure was at the peak of a bull market was in 2019.

Bitcoin price broke through $ 16,000

The Fear & Greed Index is a useful tool that helps you guess the mood in the market.After reaching the 80 mark, traders targeting this indicator expectcorrection, not growth. 

This week, the former head of the Soros foundation announced that he has invested part of his capital under management in bitcoin.

Subscribe to ForkNews on Telegram to always be aware of the latest news from the world of cryptocurrencies