Market Confidence Rises as Bitcoin Steadies
Fear eases as index hits weekly highs
The Crypto Fear & Greed Index climbed to 25 on Friday. While the market is still in Extreme Fear, it marks a three-point jump from the previous day and nearly a ten-point improvement compared to November 13 — the date when bitcoin last broke above 100000 dollars.
Analysts say the key range is 93000–94000 dollars
Crypto analyst Ted wrote on X on Thursday that if bitcoin can push through the 93000–94000-dollar zone again, it could return to 100000 dollars before another downturn arrives.
The improving sentiment also coincides with a surprising change in tone from some of the market’s biggest optimists. BitMine chair Tom Lee — who spent much of the year predicting bitcoin would hit 250000 dollars — has softened his stance. He now expects a move back to 100000 dollars and says bitcoin might even set a new high above the current record of 125100 dollars.
Will historical patterns break?
Recent gradual declines caught many investors off guard. The market is now entering December, a month that historically brings modest average gains for bitcoin. According to CoinGlass data, December returns have averaged around 4.75% since 2013.
But after weak performance in October and November — both traditionally strong months — some investors are asking whether December will also diverge from its long-term trend.
Sources:
https://alternative.me/crypto/fear-and-greed-index/
https://coinmarketcap.com/currencies/bitcoin/
