Bitcoin Extreme Fear Streak Extends To 22 Days As Price Struggles
Data shows the Bitcoin Fear & Greed Index continues to be inside the extreme fear zone as the cryptocurrency market continues to struggle. Bitcoin Fear & Greed Index Is Still Pointing At ‘Extreme Fear’ The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets. The index uses the data of the following five factors to determine the market mentality: trading volume, market cap dominance, volatility, social media sentiment, and Google Trends.....
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The Bitcoin Fear & Greed Index has been in the extreme fear territory for two weeks now, showcasing the effect of the crash on investor sentiment. Bitcoin Fear & Greed Index Is Still Inside Extreme Fear Zone The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average […]
Data shows the crypto market almost escaped from the extreme fear territory earlier in the week, but the sentiment has once again slumped down during the last few days. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” As per the latest weekly report from Arcane Research, the current streak of extreme fear, which happens to be the longest ever, couldn’t be broken this week. The “fear and greed index” is an indicator that measures the general investor sentiment in the crypto market. The metric uses a numeric scale that runs from zero to hundred....
The current streak of extreme fear is already the longest ever in crypto history, and it’s continuing on still. Here’s a recap of the major events responsible for this bottom sentiment. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” The “fear and greed index” is an indicator that tells us about the general market sentiment among crypto investors. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values below the fifty mark imply a fearful market, while those above the threshold mean....
Following the Bitcoin and wider crypto crash, investors in the market are now more fearful than they were during Black Thursday in March 2020. Crypto Fear And Greed Index Now Has An Extreme Fear Value of “7” The “fear and greed index” is an indicator that tells us about the general market sentiment among crypto investors right now. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values of the index below fifty imply that investors are fearful at the moment, while those above the threshold mean they are currently....
Seventy days of straight "extreme fear" shows no end in sight as Bitcoin price action stays wedged around $20,000. Bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor.Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered.70 days of "extreme fear"While crypto market sentiment was already "comparable to funeral" before the start of 2022, the subsequent price drawdown in Bitcoin and altcoins produced cold feet like never before.This has now been quantified by the Crypto Fear....