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."

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

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

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