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Bitcoin Ua Pa'u Atu le Aufaipisinisi i le Fefe A'o Pa'u le BTC i le $26,500
Faʻamatalaga faʻaalia le Bitcoin market sentiment has plunged into fear as the cryptocurrency’s price has observed a crash to the $26,500 level.
Bitcoin Fear & Greed Index Points At “Fear” In The Market
O le "Fefe ma Matapeʻape Faasino” o se faʻailoga e taʻu mai ai ia i tatou le lagona lautele i le aufaipisinisi i le Bitcoin and wider cryptocurrency market. This metric uses a numeric scale that runs from 0-100 for displaying the sentiment.
O faʻatauga uma i luga aʻe o le 54 faʻailoga e faʻaalia ai le i ai o le matapeʻapeʻa i le aufaipisinisi, aʻo i lalo ifo o le 46 o loʻo faʻaalia ai le tele o mafaufauga o le fefe. O le itulagi i le va o nei tipi e atagia ai le le mautonu.
As for how the index calculates the sentiment, Isi, the creator of the metric, explains that it takes into account several different factors. Namely; volatility, trading volume, social media sentiment, market cap dominance, and Google Trends are what the indicator currently makes use of to pinpoint the market mentality.
Now, here is what the Bitcoin Fear & Greed Index’s value looks like right now:
E pei ona mafai ona e vaʻai i luga, o le tau o le index e 37 i le taimi nei, lea e taʻu mai ai o le toʻatele o le aufaipisinisi e fefefe. O lenei tau aupito lata mai o le faailo e atagia mai ai se suiga fou i le vaega, e pei ona muamua atu i aso nei, o le faailo na mau i totonu o le teritori le mautonu mo le silia ma le tolu vaiaso saʻo.
O le siata o loʻo i lalo o loʻo faʻaalia ai le tulaga o le fefe ma le matapeʻapeʻa i le tausaga talu ai.
Mai le kalafi, o lo'o va'aia ai le ma'ai o lenei pa'ū lata mai i le metric. I se emo, o le maketi na alu ese mai le le faaituau atoa (50), i le mausali i totonu o le teritori o le fefe (37).
The reason behind this hit to the investor mentality has been the fa'alavelave mata'utia lea Bitcoin has observed during the past day, as the cryptocurrency’s price has now slumped below $26,500.
Earlier, when the index was consolidating in neutral territory, investors had been hesitant and undecided. But with this price action, it would appear that their mind has been made up, and they think that the asset would go down even lower.
Historically, the market has actually tended to make moves that the majority of the holders aren’t expecting. The harder investors lean toward any one direction (fear or greed), the more probable price action of the opposite type becomes.
le Bitcoin Fear & Greed Index also has two sub-sentiments inside fear and greed called extreme fear and extreme greed. These take place at values below 25 and above 75, respectively. Cyclical bottoms and tops in the asset have usually always formed whenever the market has been inside these zones, showcasing the aforementioned effect in action.
As the market hasn’t yet dipped too deep into the fear region, the probability of a bottom is likewise not raised too much yet. Back in March, however, Bitcoin did manage to find its bottom when the investors were fearful to a degree not much greater than right now.
O loʻo tumau pea le vaʻaia pe faʻapefea ona atiaʻe lagona o maketi i aso o lumanaʻi, ma pe a mafai e le BTC ona maua lona pito i lalo mai tua o lenei tulaga mataʻutia.
BTC Tau
I le taimi o le tusitusi, Bitcoin o loʻo fefaʻatauaʻi e tusa ma le $26,400, i lalo 10% i le vaiaso talu ai.
Punavai autu: NewsBTC