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Why is crypto up today? Bitcoin pushes towards $76K despite fakeout risk

Why is crypto up today? Bitcoin pushes towards $76K despite fakeout risk

Crypto today is sitting at a key level where the next move could be driven by FOMO.

On the technical side, high-cap assets are seeing steady inflows, which is keeping prices stable near key resistance zones.

With the weekend ahead and the stock market closed, crypto could see more inflows. The next 48 hours will be important in deciding whether the market builds a local bottom at these levels.

On the sentiment side, things are turning more bullish. The Crypto Fear and Greed Index has moved up two points and is now just two points away from entering the “greed” zone, which often signals stronger risk appetite.

Technically, Bitcoin’s [$BTC] push toward $76k shows this momentum may already be playing out.

Source: TradingView (

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