Does Surging Crypto Market Greed Point To Another Bitcoin Correction?

Does Surging Crypto Market Greed Point To Another Bitcoin Correction?

Data shows greed in the crypto market is on the rise, a signal that another Bitcoin correction could be coming soon. Fear And Greed Meter Says Crypto Market Has Turned Greedy As per the latest report from Arcane Research, the fear and greed meter has started pointing towards greed after showing fear for the past few weeks. The “fear and greed index” is a Bitcoin indicator that displays the current market sentiment on a meter that goes from zero to hundred. Values of the metric below fifty mean that the crypto market is currently fearful of the future. Very low values imply....


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As Crypto Market Goes Into “Extreme Greed,” Is Bitcoin Set For New All-Time H...

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Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

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Crypto Fear and Greed index drops to October 2020 levels

The Crypto Fear and Greed index shows that the cryptocurrency market sentiment has just shifted from “Extreme Greed” to “Fear.” With the Bitcoin (BTC) price dipping below a $29,000 threshold, the investor mood is worsening and the Crypto Fear and Greed index has plunged to October 2020 levels.On Jan. 22, the Crypto Fear and Greed index sharply dropped to a value of 40, moving the market sentiment from “Extreme Greed” to “Fear.” The index dropped to this low for the first time since Oct. 3, 2020, when Bitcoin was trading at around $10,500.Crypto Fear and Greed Index one-year chart. Source:....

Bitcoin Fear And Greed Index Has Dipped To Lows Not Seen Since July

Following the Bitcoin crash to $42k, the fear and greed index has declined to extreme fear values not seen since July of last year. Bitcoin Fear And Greed Index Points At “Extreme Fear” As pointed out by an analyst in a CryptoQuant post, the BTC fear and greed index has dropped to very low values. The “fear and greed index” is a crypto indicator that measures the general sentiment among investors in the market. The index uses numbers to represent the sentiment on a numeric scale that goes from zero to hundred. Values of the indicator above fifty mean that the....