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Bitcoin Investor Sentiment Remains Steady As BTC Stalls at $16,000

Bitcoin investor sentiment has reached a standstill amid struggling prices in the market. While the digital asset continues to hold the $16,000 level, investors have backed off from the market, ensuring no significant movements either up or down, and as a result, investor sentiment hasn’t moved.

The crypto Fear & Greed Index shows that bitcoin investor sentiment hasn’t really moved much in the last month. It closed out the month of November at a score of 29 which put it right in the fear territory but since then has been unable to break out of this trend. 

The score on this index over the month of December has staggered between 26-30 for the most part, maintaining a nearly straight-line trend during this period. Even now, the Fear & Greed Index sits at a score of 28 and is up one point from last week’s close of 27.

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