Bitcoin

Bitcoin Fear and Greed Index just hit 32. Down 8 points from this time two days ago. Remains at "fear."

By Netzien | Netzien | 2 Dec 2021


At 7:30 PM New York City time on Wednesday, December 1st, the infamous Twitter account Bitcoin Fear and Greed Index @BitcoinFear posted that the score for the index was at 32. That is a decrease of 8 points from just the same time 48 hours ago. The index remains at the level of "fear."

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Since I posted about this two days ago at the same time, the price has changed from $57,793 USD/BTC (at index 40) to $56,999 USD/BTC (when at index 32). 

Based on measures such as the MACD (moving average convergence/divergence), I believe that Bitcoin is poised for a run sometime soon despite the decrease. However, as always do your own research. 

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

 

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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.

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