Fear & Greed Index suggests Bitcoin's price is undervalued

Recent data from the Crypto Fear & Greed Index indicates that the cryptocurrency market is experiencing a period of investor fear with a three-month low score of 27 out of 100. By utilizing leading cryptocurrency asset Bitcoin (BTC) as the markets representative, the seasoned technical analysis tool informs cryptocurrency traders worldwide on the current emotional sentiment and bias of the market. This data can be then used — in accordance with other analytical strategies — to determine the potential of a future surge or correction, and ultimately, whether price levels represent an opportunity to buy or sell the market.
SHARE
- CoinRado.com