🐋 $BTC Sentiment Thermometer: Fear & Greed Index 59 (Greed), up 6 from yesterday.
Sentiment indicators can be useful for managing positions, provided you understand how they’re derived.
The index is divided into five zones: Extreme Fear, Fear, Neutral, Greed, and Extreme Greed, and is updated once a day.
Extreme readings usually come with greater volatility. At times like these, it’s better to reduce your exposure rather than make a big bet.
#BTC
Sentiment indicators can be useful for managing positions, provided you understand how they’re derived.
The index is divided into five zones: Extreme Fear, Fear, Neutral, Greed, and Extreme Greed, and is updated once a day.
Extreme readings usually come with greater volatility. At times like these, it’s better to reduce your exposure rather than make a big bet.
#BTC