Yesterday, Bitcoin broke up through resistance at $10,500 and in short order, rocketed another $1000 to a high of $11,419 on Coinbase Pro. Just as fast as the cryptocurrency itself climbed, the crypto market fear and greed index spiked to “extreme greed.” Greed has now reached the highest level in the crypto market in over…
Investing in Bitcoin is a wild and bumpy ride. Some choose to “HODL,” while others decide to trade the normally volatile crypto asset. Both are subject to extreme fluctuations in price, however, traders can turn market sentiment into a profitable trading signal. Here’s how the cryptocurrency market fear and greed index can be used as…
Crypto investors have been in this position time and time again. Bitcoin and the rest of the market has been rising, building up bullish momentum, and then what? Thus far, nearly every major rally has been nothing more than a bear market rally.Is this time different? Or will the crypto market suffer another massive crash…
The crypto market is on fire this week, with Bitcoin price exploding well above $7,000 and the rest of the market outperforming the leading crypto by market cap.However, even though prices are taking off across the market, according to the Fear and Greed Index, the market is still in extreme fear. One crypto analyst says…
Now that the dust has settled on the historic, record-breaking collapse the cryptocurrency market experienced earlier this month alongside the stock market, gold, and many other traditional assets, Bitcoin and altcoins have begun to recover.But although cryptocurrency prices are recovering across the board, according to the crypto market Fear and Greed Index, sentiment is still…