Bitcoin [BTC]: What the king coin’s FOMO and FUD indicators suggest

Bitcoin’s volume in profit and loss ratio dropped to the negative zone. Investors doubted a further price increase even though the fear and greed index rose. Bitcoin [BTC] may have disappointed a ton of doubting Thomases after an impressive Year-To-Date (YTD) performance. But as things stand at press time, the arm of defeat has been […]

if transactions in profit are outpacing those in losses or otherwise. At press time, the value was -0.145.This condition implies a significant number of investors have bought BTC above the press time price. A simplification here means that the Fear of Missing Out has been triggered since the king coinAlthough BTC, as a speculative asset, has always had traders and investors torn between fear and greed, the condition tends to be in favor of the latter.

After breaking the neutral zone last month, the emotional behavior of the average investors has entirely left the fear region, which probably offers a buying opportunity.rose to 64. The metric takes into account volatile price movements, dominance, and market momentum, At this point, it meant that investors were tending towards being too greedy.But in the last seven days, the index had remained around the same region.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin presents a ‘generational investment opportunity,’ but do the whales disagreeBitcoin’s price and energy costs indicate a positive outlook for BTC in the long run Large addresses and whales do not share the same sentiment either Bitcoin’s [BTC] recent rally has brought with it a lot of optimism and speculation about its future. In fact, an analyst has suggested that the electrical costs of Bitcoin […]
Read more »

Bitcoin investors have every reason to maintain caution and this is whyBitcoin’s [BTC] much-awaited journey to $30,000 was met with some resistance as the king of cryptocurrencies traded at $27,997 at press time. BTC dropped by 0.59% in the last 24 hours and witnessed a drop of 0.08% in the last seven days as per data from CoinMarketCap. However, BTC’s mining difficulty moved in a different […]
Read more »

BTC miners are on winning spree despite a sluggish move to $30,000. Assessing…Bitcoin miners have been witnessing a rise in momentum in revenues The combination of new BTC addresses and growing ordinals inscriptions have contributed to the rising fees Bitcoin [BTC] may need help breaking into the $30,000 zone, but there appears to be no letup in interest in the king coin. The 90-day simple moving average […]
Read more »

Bitcoin bulls grow emboldened after an extended stay at $28kNot much changed for Bitcoin and the broader crypto market over the course of the shortened trading week as prices consolidated ahead of the next significant move.
Read more »

Bitrefill CEO Sergej Kotliar shares his two cents on Bitcoin adoptionBitrefill CEO Sergej Kotliar appeared in a podcast hosted by Peter McCormack. Kotliar shared his views on the adoption of Bitcoin and the conflicting ideologies surrounding the flagship cryptocurrency. Sergej Kotliar, the CEO of crypto services platform Bitrefill, recently appeared in a podcast hosted by Peter McCormack. During the “What Bitcoin Did” podcast, Kotliar reflected […]
Read more »

Quant [QNT] Price Analysis: 05 AprilDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice. The market structure of QNT has been bearish since February The $130 level must be reclaimed before longer-term buyers can search for opportunities As Ethereum [ETH] and Bitcoin [BTC] show bullish sentiment, it’s time to analyze the Quant (QNT/USDT) pair […]
Read more »