China fear is now infrastructure bill fear — 5 things to watch in Bitcoin thi...
From bans to bills, the FUD is strong for Bitcoin and crypto this week, but traders are overwhelmingly optimistic about BTC price action. Bitcoin (BTC) is at the start of another week with China's latest "ban" behind it — but its next "FUD" story is already brewing.The United States' infrastructure bill is back on the table, with this week likely to see a definitive vote on what could shake up cryptocurrency businesses.At the same time, fundamentals and on-chain metrics alike continue to be more bullish than ever, and traders are betting on — at worst — a moderate price dip to a floor no....
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It’s the calm before the storm. What to do when the Fear and Greed index turns grey? Warren Buffett already told us to be greedy when others are fearful. We already know that we should be fearful when others are greedy. What should we do when the market it’s at a rare state of balance and expectations are high? We should probably take a page for those Bitcoin maximalists and… wait for it… HODL! One of the main criticisms that the Fear and Greed Index gets is that it encourages traders and investors to try to time the market instead of holding strong. Bad things happen to those who try to....
The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has yet to recover, leaving the market and participants in a state of extreme fear. But past data shows, fear is often a good […]
Data shows the Bitcoin fear and greed index has been pointing towards fear lately, something that might keep buyers from the Halloween Effect. The Bitcoin Fear And Greed Index Points At Fear The BTC fear and greed index is an indicator that measures the sentiment and emotions of the market based on various sources, and displays them on a numeric meter. The metric uses a system with 0-100 as values, where low values indicate fear in the market, and higher ones show greed. Extreme fear and greed occur when the indicator shows very low or very high values, respectively. Periods of fear....
Data shows the Bitcoin market sentiment has once again slipped into fear territory after standing neutral for the past couple of days. Bitcoin Fear And Greed Index Once Again Points At “Fear” The “fear and greed index” is an indicator that measures the general investor sentiment of the cryptocurrency market. The metric uses a numeric […]
On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to obtain assets for a lower price. However, data from Tradingview’s technicals show bitcoin is still in the “sell” range, while bitcoin market oscillators are more “neutral.” CFGI Sentiment Metric Reaches....