The Bitcoin positive sentiment has been rising rather rapidly in the last few months as the market has staged an incredible recovery. This saw the Bitcoin Fear & Greed Index go from deep fear to deep greed and that greed just continued to grow. Now, the sentiment is on the brink of extreme greed, which…
Data shows the Bitcoin market sentiment has worsened recently and is approaching extreme fear territory. Bitcoin Fear & Greed Index Has Plunged Inside The Fear Region Recently The “fear and greed index” is a Bitcoin indicator that tells us about the general sentiment among the investors in the Bitcoin and broader cryptocurrency market. This metric…
Data shows that Bitcoin investors may be close to embracing greed as market sentiment has surged into neutral territory. Bitcoin Fear & Greed Index Points At Neutral Trader Sentiment The “Fear & Greed Index” is an indicator that tells us about the general sentiment among the investors in the Bitcoin and wider cryptocurrency sector. According…
The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain analytics firm Santiment has looked into how the trader sentiment has shifted in the BTC sector…
Bitcoin may be at a decision point right now as investor sentiment is exactly neutral. Which way will the market tip in the coming days? Bitcoin Fear & Greed Index Suggests Market Is Neutral A few days back, Bitcoin had observed a sharp plunge that had taken the cryptocurrency’s value towards the $29,000 level. In…
Data shows bearish sentiment has spiked among Bitcoin holders, something that could actually work in the favor of the asset’s price. Social Media Users Have Turned Bearish On Bitcoin As explained by the analytics firm Santiment, traders have come into the new week expecting the price of the cryptocurrency to retrace towards the $27,000 to…
Data shows the Bitcoin investor sentiment has turned to greed for the first time since May as the asset’s price has shot up towards the $29,000 level. Bitcoin Fear & Greed Index Is Pointing At “Greed” Now The “Fear & Greed Index” is an indicator that tells us about the general sentiment among the investors…
Data shows the Bitcoin sentiment on social media has turned the most negative since the COVID crash, indicating that the bottom could be near. Bitcoin Weighted Sentiment Has Been Negative Recently As an analyst on Twitter pointed out, BTC’s sentiment is in deep red right now. The relevant indicator here is the “weighted sentiment” metric…
Data from Santiment suggests that the latest Bitcoin rebound took place after most investors had given up on the idea of it happening. Bitcoin Observes Rebound After “Buy The Dip” Crowd Goes Silent According to data from the on-chain analytics firm Santiment, calls for buying the dip had mostly disappeared right before the actual rebound.…
Santiment has broken down how the recent action in the Bitcoin price may have been affected by the prevailing sentiment in the market. Trends In Bitcoin Social Volume May Have Influenced The Price Recently As the on-chain analytics firm Santiment explained, BTC generally moves in the direction the crowd isn’t expecting. The relevant indicator is…