$BTC | Fear & Greed Index 59 | Greed | Down 5 from yesterday
Before looking at fund flows, first understand the Fear & Greed Index.
The social media component measures the volume of discussion and the pace of engagement around Bitcoin topics. A noticeable increase in discussion usually signals greed.
Rather than focusing on a single day's reading, it's often more useful to look at the direction of change over several days: a gradual recovery from a low and a sharp drop from a high mean different things.
The same reading can mean very different things in different market conditions, so don't apply any single rule blindly.
#BTC
NFA, DYOR.
Before looking at fund flows, first understand the Fear & Greed Index.
The social media component measures the volume of discussion and the pace of engagement around Bitcoin topics. A noticeable increase in discussion usually signals greed.
Rather than focusing on a single day's reading, it's often more useful to look at the direction of change over several days: a gradual recovery from a low and a sharp drop from a high mean different things.
The same reading can mean very different things in different market conditions, so don't apply any single rule blindly.
#BTC
NFA, DYOR.