What is the Fear & Greed Index and how did its change from extreme fear to fear reflect Bitcoin investor mood?
Why is this the correct answer?
This is correct because the Fear & Greed Index aggregates data such as volatility, market momentum, and social media trends to gauge whether investors are feeling fearful or greedy. A move from Extreme Fear to Fear means that although investors are still wary, they are gradually becoming less scared and more open to buying Bitcoin. Beginners should understand that this shift signals growing confidence and a better overall sentiment toward Bitcoin's price outlook.
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