Browsing: Greed and Fear Index

Bitcoin market sentiment is showing signs of improvement as the new year unfolds, according to a recent chart released by Matrixport.This shift is illustrated by our self-developed “Greed and Fear Index,” which indicates a potential bottom formation—historically a reliable indicator of Bitcoin price trends nearing pivotal reversals.

The Bitcoin Greed and Fear Index indicates a state of extreme pessimism, suggesting that a tactical bottom may be found in the cryptocurrency market. Analysts are closely monitoring this index as it often signals market… (via Bpaynews real-time desk)