Bitcoin: Fear and Greed Index Hits 71

Bitcoin pushed the crypto fear and greed index to 71, confirming greed has returned after BTC erased three months of losses in just three days.

Price action on the 4h chart shows a bullish trend with price at $77628.89 sitting above EMA50 support at $67505.48 and EMA200 at $65003.44. Momentum remains stretched as RSI(14) prints 94.56 in overbought territory while MACD(12,26) holds a golden cross at 3208.7. With price testing upper Bollinger resistance at $78808.24, a healthy retracement toward the 50-EMA support at $67505.48 looks probable before continuation. Traders tracking BTC price prediction models now weigh this rapid sentiment reversal against the risk of short-term volatility exhaustion inside the bands.