Story from Markets - ‘Extreme Fear’ Grips Bitcoin Market After Price Plunge, Sentiment Gauge Shows
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The Crypto Fear and Greed Index is now at 21, down from a “greedy” level of 73 just last week, according to the report from hosting site Alternative and quoted by Arcane Research, a Norwegian analysis firm.
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“The past week has been filled with fear, uncertainty and doubt, and the bitcoin price has crashed down,” the Arcane analysts wrote. “In the past, an extremely fearful market like this has historically presented solid buying opportunities during bull cycles.”
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https://www.coindesk.com/extreme-fear-bitcoin-sentiment
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The Crypto Fear and Greed Index is now at 21, down from a “greedy” level of 73 just last week, according to the report from hosting site Alternative and quoted by Arcane Research, a Norwegian analysis firm.
...
“The past week has been filled with fear, uncertainty and doubt, and the bitcoin price has crashed down,” the Arcane analysts wrote. “In the past, an extremely fearful market like this has historically presented solid buying opportunities during bull cycles.”
...
https://www.coindesk.com/extreme-fear-bitcoin-sentiment
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