The index of fear and greed Bitcoin goes into moderate zone

After falling under $ 80,000, Bitcoin is now rebounded over $ 85,000. The index of fear and greed leaves the extreme cupidity zone for more balanced levels, suggesting a possible return to an upward dynamic.

The feeling of the Bitcoin market evolves positively

Bitcoin has been going through a major consolidation period since early March. After a strong downward pressure that dropped it under $ 80,000, the queen of cryptos started a significant rebound. It is now exchanging above $ 85,000, a level that reassures many investors.

This recovery is accompanied by a notable change in the feeling of the market. Axel Adler Jr., recognized analyst in blockchain and macroeconomics researcher, highlighted an important evolution of the index of fear and greed of bitcoin.

This technical indicatorwhich synthesizes various data to measure the emotional climate of investors, shows clear signs of stabilization.

Concretely, the quarterly index (90 days) has dropped approximately 22 percentage points over the past two months. This decline brought it out of the extreme greed zone to reach more moderate levels, which suggests a progressive rebalancing of market forces.

Does the current BTC correction are coming to an end?

If the index continues to drop from 10 to 15 additional points in the coming weeks, the market could find a relative calm.

At the current rate, Adler estimates that it will take between 4 and 6 weeks to reach this critical threshold. Once this level is reached, emotional fluctuations should fade considerably.

A particularly encouraging phenomenon is already emerging. While the quarterly index continues its standardization, the 30 -day (monthly) mobile average has started to form a local floor. This technical configuration recalls that which had marked the end of the last major correction, when Bitcoin had touched the $ 54,000.

This technical analogy is not without interest for investors. After this hollow at $ 54,000, Bitcoin had made a spectacular increase of more than 107 %, reaching its historic record of $ 109,400. The Crypto Mags analyst anticipates a similar scenario, with a new potential low point at $ 76,600 before a significant rebound.

In order for this projection to materialize, Mags highlights the importance of the critical support located at 45 on the relative force index (RSI). If this level holds, an increase of 64 % could follow, potentially propeling Bitcoin to $ 128,000 – corresponding to the level of extension of Fibonacci 1.618 and establishing a new historic summit.

The current period therefore remains decisive for the medium -term future of Bitcoin, with technical signals which are gradually leaning towards a return of measured optimism.