Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible
July 20, 2025 · 1:00 PM
Bitcoin reached an all-time high of $122,838 on July 14 but has since stabilized around $118,000 following profit-taking. Despite this consolidation, market sentiment remains bullish, with a Fear & Greed Index reading of 68, indicating a strong level of greed but not yet at extreme levels. Analysts suggest that Bitcoin is in a sustainable upward trajectory, with potential for further growth before reaching euphoric sentiment levels.
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