Deur ZyCrypto - 1 jaar gelede - Leestyd: 2 minute
Bitcoin’s Fear and Greed Index Stays In “Greed Zone” For 13 Straight Days — Can BTC Sustain The Bull Run?
Bitcoin has entered the greed zone with the Fear and Greed Index at a 10-month high of 61, signalling a strong bullish sentiment. The recent change in investors’ sentiments comes following BTC’s price surge this year after months in the red zone. Experts share their opinions on the feasibility of BTC sustaining its recent price and how investors can predict if it is another bull trap.After several months of fear around the prices of digital assets, investors are now beginning to look more confident in the prospects of Bitcoin (BTC) and other assets following price surges in the past two weeks.
Bitcoin’s Fear and Greed Index reached a 10-month high as it tapped 61 over the weekend, signalling a strong bullish sentiment in the market. As of Dec 2022, the index was at 25 showing intense fears from investors in the aftermath of the FTX implosion.
Die onlangse opdraande lopie in die mark het die indeks op 52 Januarie tot 15 opgestoot, weg van die vreessone, en dit het sedertdien op gebly. Die indeks wat die neutrale sone getref het, was die eerste keer dat dit die vrees vrygespring het gebied in driekwart.
BTC ruil tans hande teen $23,005 ten tyde van die skryf hiervan, wat 'n prysverhoging van meer as 40% toon sedert die begin van die jaar. Die oplewing is ook in ander digitale bates aangeteken, met die voorste altcoin, Ethereum (ETH), wat ook soortgelyke winste aangeteken het.
Bitcoin’s Fear and Greed Index optimizes social signals from various sources to determine the current market sentiment hovering around the asset. These signals to several traders indicate BTC going bullish (investors have gone greedy) or bearish ( investors are in fear). The index is made up of scores from 0-100, ranging from Extreme fear (Orange) to Extreme Greed (Green).
Kan BTC 'n bulloop volhou?
While the metric indicates that bulls are gearing up for another run, some commentators are still sceptical about the sustainability of such hopes. With a price of $23,005, Bitcoin has definitely made tremendous gains after the FTX saga, which saw it trade below $17,000.
BTCUSD Grafiek deur TradingViewAs BTC en ander digitale bates op 'n ander bullopie gaan, is 'n sleutelfaktor verlaagde inflasiesyfers en rentekoerse. Verlede jaar het inflasie en wyer makro-ekonomiese faktore tot 'n afname in die kripto-geldeenheidsmark gelei nadat verskeie sentrale banke rentekoerse verhoog het om inflasie te bekamp.
Die goeie nuus is dat verskeie regerings glyende inflasiegetalle aanteken wat 'n ommekeer in die digitale batemark aandui, maar 'n moontlike bullopie of bullokval hang steeds in die weegskaal.
Oorspronklike bron: ZyCrypto