Bitcoin & Crypto: Fear and Greed Index (19.02.2024)

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The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:

  • Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.

  • When Investors are getting too greedy, that means the market is due for a correction.

*Not a Financial Advice 😇👻

Posted Using InLeo Alpha

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Also interesting, if you look at the “interest over time” for bitcoin on google trends, it looks like interest is picking up for bitcoin but it’s nowhere near viral.

It’s like the price is going up but nobody’s paying attention somehow. This might be a bigger cycle than the last if the price get crazy high before people pay any attention too it…

Fun times!

!BBH
!PIZZA

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