Don't panic, listen to me: $BTC Market sentiment reference: Fear & Greed Index 69 (Greed), up 8 from yesterday.
The Fear & Greed Index updates once a day; my mood updates by the second.
For a more serious explanation, the social media metric tracks the volume of discussion and the speed of engagement around Bitcoin topics. An unusual increase in engagement generally corresponds to greater greed.
Comparing multiple data points is more reliable than looking at just one, but even more indicators still can't provide a definitive answer.
#BTC
The Fear & Greed Index updates once a day; my mood updates by the second.
For a more serious explanation, the social media metric tracks the volume of discussion and the speed of engagement around Bitcoin topics. An unusual increase in engagement generally corresponds to greater greed.
Comparing multiple data points is more reliable than looking at just one, but even more indicators still can't provide a definitive answer.
#BTC