Bitcoin (BTC) Can Even Hit $200,000, According to Popular Indicator

The largest cryptocurrency in the world, Bitcoin, is now only a hair below its peak thanks to a recent surge that has brought it close to $121,000. However, the Crypto Fear and Greed Index is still at a neutral level of 57, in spite of the price spike, far from the extreme greed readings that usually indicate overheated conditions. This difference is giving rise to conjecture that Bitcoin may have a lot more room to grow, possibly even doubling or tripling from its current value.