Data shows the Bitcoin sentiment has now reached extreme greed levels higher than even those at the price all-time high (ATH) in November 2021. Bitcoin Fear & Greed Index Is Deep Inside Extreme Greed Territory Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the general sentiment present among the investors in the Bitcoin and wider cryptocurrency market right now. The metric represents this average sentiment in the form of a score lying in the zero to hundred range. To calculate this score, the index takes into account the following five factors: volatility, trading volume, social media sentiment, market cap dominance, and Google Trends. Related Reading: Shiba Inu & Other Memecoins See 3,000% Spike In Volume: Good Sign For Rally? When the indicator shows a value less than 47, it means that the sentiment around the sector is that of fear. On the other hand, the index being above the 53 mark implies the presence of greed among the investors. Naturally, the region between these two territories belongs to the neutral mentality. Besi ..
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