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Bitcoin Fear and Greed Index at 24, gains 3 points from 1-day ago. Remains at "extreme fear."

By Netzien | Netzien | 16 Mar 2022

Hello Ox'ers. Bitcoin was showing some resistance to psychological levels at 40K USD/BTC but had a mini breakout above $41k USD/BTC for a short moment this evening. As I write, the price is $40,867 USD/BTC. Tonight March 15 at 8 pm New York City Time (USA) The Bitcoin Fear and Greed Index was posted at a value = 24, which was an increase of 3 points from the same time 24 hours ago. The index value of 24 at 8 pm was posted before the relatively rapidly large gain in price from about $39,230 USD/BTC at 8:40 pm (New York City time) to a high point of $41,730 USD/BTC at about 9:24 pm (New York city time). That was a rise of around 6.5% in only about 45 minutes. 


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Below is a 3-month chart of the Fear and Greed Index values. On the horizontal x-axis is the date whereby to the left is 90 days prior (Dec 15, 2021) and on the right of the horizontal axis is the present date. On the vertical y-axis are the Fear and Greed Index values spanning those dates with 0 (extreme fear) at the bottom of the y-axis, and 100 (extreme greed) at the top of the y-axis.

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The index score of 24 remains at the level of "extreme fear" and unchanged since the same time yesterday. 24 hours ago when index 21 was posted the price was ~$39,526 USD/BTC and the price did not change much when the index of 24 was posted tonight and was =~ $39,417 USD/BTC. Of course, as it's done the last coupe days, the price is coming right back down as I wrote (haha), and is now 39,619 (10:21 pm). Geez - these candles are wild. The price action has done exactly this the last few days. At this lower price, BTC is up 1.65% on the daily and 0.25% on the week. Let's hope it gets some traction and can hold above 40k! When the King moves everything does!

.One last unrelated, but important thing. If you don't know about Presearch, read on. Are you using Presearch yet to get free $PRE crypto? Presearch is an internet search engine that'll work on your phone as an app, and desktop computers within web-browsers. When you use Presearch as you would Google for a web search, you get paid a reward in $PRE tokens. Currently, $PRE trades at about $0.18-0.22 cents ($USD) per token ($PRE Coinmarketcap here), and there are probably more than 1.5 million active users. You can earn from about 1.5 to 3.0 $PRE tokens every day for doing around 30 web searches. The searches can be done back to back, and the reward fluctuates around the price of the token, going down when token price goes up. Thus, you can even time your daily searches around when the token price swings downward to maximize the rewards, or intensify them during periods of relative bearish markets. Even just searching "BTC price" using the app counts! Presearch is decentralized, traded on KuCoin and other similar platforms, and the leaders are vetted, and very vocal via their TwitterPresearch is growing, but I think we are still kind of early - woot-woot! Watch for the token to blow up if they make it to Coinbase - get earning now. Sign-up only requires an email, super simple, and they are doing really cool stuff with NFTs and token-staking. In my opinion, leaders in their field. Anyway, please use my referral link to sign up - you'll get $PRE. At this point, Google - meh. I suggest you give Presearch a try. I got a feeling you'll like the search engine results regardless of the rewards - I DEFINITELY have. Did I also mention it can double as an app for your phone and is available in major app stores like Google Play, works great on my Samsung phones and Android systems, works amazingly in combination with Brave Browser on desktop computers (FEEL THE REWARD POWER when you get free $BAT and $PRE), and I think works great on I-phones and Apple platforms. So don't Google that Bitcoin price, or Google that hot new shitcoin (LOL), instead Presearch it. Thank me later on this one.


Thanks for stopping and hope this post finds you in good spirits. Let's go Bitcoin!

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