$BTC Market sentiment reference: Fear & Greed Index 57 (Greed), down 12 from yesterday.
Let's take this number as an opportunity to talk about the Fear & Greed Index.
The Fear & Greed Index quantifies market sentiment on a scale of 0 to 100: the closer to 0, the more fearful; the closer to 100, the greedier.
Fear can persist for weeks, and extreme greed can keep growing. Trying to buy the dip based on this number alone is often too early.
Don't change your original plan based on a single number, and don't gamble with borrowed money on any particular reading.
Let's take this number as an opportunity to talk about the Fear & Greed Index.
The Fear & Greed Index quantifies market sentiment on a scale of 0 to 100: the closer to 0, the more fearful; the closer to 100, the greedier.
Fear can persist for weeks, and extreme greed can keep growing. Trying to buy the dip based on this number alone is often too early.
Don't change your original plan based on a single number, and don't gamble with borrowed money on any particular reading.