Cryptocurrency news

Bitcoin Fear and Greed Index Escapes "Extreme Fear" Moves to "Fear" For The 1st Time Since Jan 4th. At 29, up 5 points from 1-day ago.

By Netzien | Netzien | 30 Jan 2022


Good evening. Bitcoin has essentially been making slow gains in about the $36-38K USD/BTC range over the last couple of days. Earlier today BTC price touched about $38,500 USD/BTC. As I write the price is $37,850 USD/BTC. And, at 8:00 PM New York City time on Saturday, January the 29'th, the infamous Twitter account Bitcoin Fear and Greed Index @BitcoinFear posted that the index score was 29, which is an increase of 5 points from 24 hours ago. When the index was posted tonight, the BTC price was $38,073 USD/BTC. One day ago when the index score of 24 was posted the price was $37,744 USD/BTC. The index moved from "extreme fear" to "fear" for the first time since about January 4th. 

Bitcoin

10153a07d2df616a1d246b791461e88798ed117ef05360465e88569438162b1c.png

 

Below is a 30-day chart of the Fear and Greed Index values. On the horizontal x-axis is the date back to 30 days prior, and on the y-axis are the Fear and Greed Index values for those dates. Note that only in early January, did the index exceed values of 25 and greater which is the cutoff from "extreme fear" to "fear."

Bitcoin

 

Thanks for coming by and hope this post finds you in good spirits. 

How do you rate this article?

15


Netzien
Netzien

Crypto. NFTs. Increasingly Bitcoin Maxi. HODLER. I like to take profits on alt coins. Interested in momentum plays, technicals, and gut feelings. Thanks for your support.


Netzien
Netzien

NFTs, cryptocurrencies, and stocks related to cryptocurrency. Thank you for your support.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.