The index rose to 61, the highest point seen since early October 2025.
A metric that shows the general investor sentiment towards the leading cryptocurrency, the BTC Fear and Greed Index, has finally entered the “greed” zone after spending the last three months mostly in the “fear” or “great fear” zones.
This development reflects increased confidence and a growing appetite for the asset, but it may also be a precursor to a potential short-term return.
Back to ‘Selfishness’
The past few days have been particularly good for BTC bulls as the asset’s price briefly rose to a two-month high near $98,000. The outbreak came after the country’s tensions rose after the USA launched a military operation in Venezuela and later threatened to intervene in Iran, where the local population has organized large-scale protests against the regime.
Recently, US president Donald Trump calmed down, saying violence in the Asian country had stopped and promised not to order attacks. This announcement caused a bit of volatility in BTC, which is currently trading at $96,000, up 7% weekly.
Somewhat expected, the stock rally affected the Bitcoin index of Fear and Greed – a metric that tracks many components, such as price fluctuations, surveys, and comments on social networks, to determine the short-term sentiment of investors about the cryptocurrency.
It rose to 61, thus entering “greed” territory for the first time since early October last year. This may sound like more good news for the bulls as it indicates stronger confidence and demand for the asset.
- BTC Fear and Greed, Source: other.me
On the other hand, it could also mean that some investors are driven by FOMO rather than fundamentals, suggesting that the market may be overheated. In some cases, reaching the “greedy” and especially the “extremely greedy” zone may be a sign that the price has reached the top of the zone and is close to a correction.
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More pump on the horizon?
Many market watchers are firmly in the bullish corner, expecting the price of BTC to continue rising in the near future rather than heading south. X-user Jelle believes a jump to $100,000 is possible in the coming weeks, while Ali Martinez previously predicted that a climb above $94,500 could be followed by a spike to $105,921.
Meanwhile, whale and shark addresses holding between 10 and 10,000 BTC have collected more than 32,600 BTC since January 10. At the same time, shrimp wallets holding less than 0.01 BTC have been selling. According to analysis platform Sentiment, this could be the perfect setup for a bull run.
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