Q: The current Crypto Fear & Greed Index is 63, indicating greed. What impact does this have on the market?
A: Positive news only really counts when accompanied by increased volume. Be wary of reactions on declining volume. Trading volume is the hardest thing to fake—you can tell whether news is having an effect by looking at the volume.
$BTC , 24h +0.27%.
#BTC
Don't use these as a basis for making trades.
A: Positive news only really counts when accompanied by increased volume. Be wary of reactions on declining volume. Trading volume is the hardest thing to fake—you can tell whether news is having an effect by looking at the volume.
$BTC , 24h +0.27%.
#BTC
Don't use these as a basis for making trades.