What does the shift of the Crypto Fear & Greed Index into greed territory indicate about investor confidence in Bitcoin?
Why is this the correct answer?
This is correct because when the Fear & Greed Index shifts into greed territory, it shows that the average sentiment among market participants has turned optimistic. Beginners should know this index tracks collective emotions: a score above 50 signifies more people expect prices to rise, which often leads to increased buying and reinforces positive momentum in Bitcoin markets.
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