Extreme Fear Grips Altcoins As 90% Of Tokens Trade Below 200DMA: Perfect Time...
Altcoins continue to face heavy pressure across the board after the historic crash that shook the crypto market on Friday. The sudden sell-off triggered the largest liquidation event in crypto history, wiping out billions in leveraged positions within minutes. Even established blue chips such as Chainlink (LINK) and Avalanche (AVAX) saw their prices plunge more […]
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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 […]
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....
Data shows the Bitcoin Fear & Greed Index has dropped into the extreme fear territory following the latest crash in the cryptocurrency market. Bitcoin Fear & Greed Index Now Pointing At ‘Extreme Fear’ The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the sentiment that’s present among the […]
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....
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....