BTC spiked to $16,000. What does it suggest? – trading

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BTC spiked to $16,000. What does it suggest? – trading: Visit our group for Free Crypto Signal, Beginner’s guide on Crypto and Coin Analysis – https://t.me/freebitmexsignals Bitcoin has enjoyed the past several weeks with impressive price increases registering fresh yearly highs. As its price touched $16,000 hours ago, the community has become overly optimistic, according to a popular metric called the Fear & Greed index. However, history shows that similar scenarios could lead to steep price drops.

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