Bitcoin Fear And Greed Index Turns Bullish: 10x Research Highlights Key Trade Strategy

Reuters

The Bitcoin (CRYPTO: BTC) Fear and Greed Index has shifted to a bullish stance, according to a fresh report, which emphasized a promising trading strategy amid the changing market conditions. The week ahead poses significant event risks, including the unlocking of $800 million in PYTH (CRYPTO: PYTH) supply on May 20 and another $340 million from AVAX (CRYPTO: AVAX) on May 21, according to a report from 10x Research.

Additionally, NVIDIA’s Q1 2024 earnings report is set for May 22, and the final decision on VanEck’s spot ETF application is due on May 23. Betting markets currently suggest only a 7% chance for ETF approval. Bitcoin is expected to experience a 4% price swing either way by week’s end.

Bitcoin’s price action has shown notable improvement, rebounding towards the late April resistance zone of $67,500 and surpassing the early May highs of $64,000. A breakthrough above $67,500 could potentially lead to new all-time highs….Story continues…

By : Murtuza Merchant

Source: Bitcoin Fear And Greed Index Turns Bullish: 10x Research Highlights Key Trade Strategy

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Read more:

Bitcoin Volatility Fear Led to Second Week of Crypto Fund Losses Decrypt 19:07 Mon, 22 Apr 

Market Watch: Ethereum (ETH) Leads Charge as Solana (SOL) Mirrors 2021 Surge, Analysts Predict Bullish Season Ahead Coinotag 18:37 

Earlier Today

Investors should remain bullish anticipating higher market highs: Oppenheimer Investing.com 11:38 

Bullish Surge Returns to Altcoin Market After a Year: Spotlight on Key Coins and Their Performance Coinotag 10:48 

Brazilian market of corn is looking for some bullish argument at the start of the … UkrAgroConsult 10:10 

Yesterday

Bitcoin (BTC) Whale Buys $106.8M as Market Trends Bullish: Key Insights into Surging Crypto Confidence Coinotag 19:43 Sun, 19 May 

Saturday

Nasdaq Market Has Perfect Bullish Historical Pattern – Don’t Sell in May Barchart 23:36 Sat, 18 May 

Bullish Sentiment Intensifies In The Crypto Market As Bitcoin Price Reclaims $67,000 Coinpedia 09:20 Sat, 18 May 

Friday

Solana’s Surge: SOL Price Jumps 12% Amid Bullish Market Indicators Coinotag 20:00 Fri, 17 May 

XRP (Ripple) Whales Boost Bullish Sentiment as Market Confidence Hits New Highs Coinotag 15:56 Fri, 17 May 

Chainlink’s Price Roars: Link Bullish Run Ahead as Market Frenzy Builds CoinChapter 10:38 Fri, 17 May 

Thursday

Bullish market drives FIG borrowers to accelerate funding plans Global Capital 01:45 Fri, 17 May 

Billionaire Reiterates Bullish Sentiment for Bitcoin (BTC): A Deep Dive into Crypto Market Trends Coinotag 21:05 Thu, 16 May 

XRP Whales Surge into Bullish Outlook as Market Confidence Skyrockets U.Today 18:26 Thu, 16 May 

FTX Repayments Could Spark Bullish Trend in Crypto Market Coinpaper 11:08 Thu, 16 May 

Floki Surpasses Heavyweights Shiba Inu And Solana In Popularity, Emerges As Market‘s Largest Gainer — Analyst Hopeful Of A 180-200% Bullish RallyBenzinga 06:12 Thu, 16 May 

Wednesday

Cramer says an ‘outrageously bullish‘ combination of stocks is leading the bull market CNBC 02:01 Thu, 16 May 

Gold Market Outlook 2024: Bullish Fundamentals and Technicals Indicate Strong Rally Ahead Money Morning 00:50 Thu, 16 May 

Stock Market Flashes Bullish Signal, Bank Of America Predicts Record Highs This Summer Benzinga 12:13 Wed, 15 May 

Tuesday

The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highs this summer Business Insider 23:22 Tue, 14 May 

Three Breadth Indicators To Confirm A Bullish Market Trend Or Any Sign Of Trend Exhaustion Benzinga 15:41 Tue, 14 May 

WadzPay (WTK) With $40M Market Cap Identified as Unbelievably Undervalued as Project Unveils Bullish New Website Design Crypto News Land 08:32 Tue, 14 May 

In the last month

PEPE Coin (PEPE) on the Verge of Breakout: Bullish Momentum Gains Traction in Crypto Market Coinotag 09:15 Mon, 13 May 

Earnings call: Paycor sees 16% revenue growth, bullish on HCM market Investing.com 01:30 Mon, 13 May 

Future of XRP (XRP): Analyzing Bullish Possibilities in the Crypto Market Coinotag 08:16 Sun, 12 May 

Stock market stays bullish, gains 427 points The Nation 07:39 Sat, 11 May 

EUR/JPY Price Analysis: Bullish forces steering the market, minor pullbacks possible FXstreet 23:45 Fri, 10 May 

Bullish divergence: Crypto market with potential reversal ahead Finance in Bold 21:38 Fri, 10 May 

ADA Coin Soars: Cardano’s Bullish Market Projections Fuel Rally Coinotag 08:13 Fri, 10 May 

Stock market opens with bullish momentum on positive global cues AniNews.in 08:09 Fri, 10 May 

Prominent Analyst Il Capo Shares Bullish Predictions for Altcoin: Insights on Crypto Market Trends Coinotag 04:09 Fri, 10 May 

Cardano’s Ada Rallies Amid Bullish Market Projections CoinEdition 18:28 Thu, 09 May