Fear and Greed Index reached a seven-month high last week

The Fear and Greed Index has stayed in the “greed” and “extreme greed” areas for the last three weeks.

Last Thursday, the day after bitcoin hit an all-time high, the Fear and Greed Index briefly touched 84, the highest level in more than seven months. Since then, it has somewhat declined but is still signaling an extremely greedy market sentiment.

Source: Alternative.me, NYDIG

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