BTC broke out of the long-term consolidation phase and has recovered above it; now BTC price is trying to sustain above the $31000 level, and small whales are playing a significant role in maintaining BTC above the consolidation area.
It seems pretty uncommon to see that in the last 12-hours only most of the BTC has been liquidated then that of in the last 24-hour.
If we talk about Binance, the most prominent and infamous cryptocurrency exchange, the total amount liquidated while being on short is $6.36 Million, and the total of $11.27 Millions worth of Bitcoin has been liquidated while being on long.
Fear to Greed Index shows the emotion of investors, whether the emotions of traders support the bullishness or they are still bearish regarding the cryptocurrency token.
Bitcoin price is presently CMP at $31573 and has lost 0.54% of its market capitalization in the last 24-hour period.
This week has been very calming for the Bitcoin investors and also for the other cryptocurrency investors as Bitcoin holds the market dominance of 45% now.
As of now, for Bitcoin, only coinglass shows that crypto fear to greed index is at 17, which means the condition of fear surrounds the cryptocurrency investors.
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