Data shows the Bitcoin investor sentiment has recently improved, but buyers are still reluctant as fear continues in the market.
Bitcoin Fear And Greed Index Points To A Fearful Sentiment
En son haftalık rapora göre Gizli Araştırma, the BTC market sentiment hit a high of 34 last week, but now it has once again fallen to just above extreme fear territory.
"korku ve hırs” index is an indicator that measures the general sentiment among investors in the Bitcoin market.
The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values above fifty imply greed, while those below the threshold suggest fear.
Values towards the end of the range of above 75 and below 25 signify sentiments of “aşırı açgözlülük” ve “aşırı korku” sırasıyla.
Historically, tops have tended to form during extreme greed, while bottoms have taken place during the periods with the latter sentiment.
Because of this fact, some traders believe it’s best to sell while the market is extremely greedy and buy when investors are extremely fearful.
“Contrarian investing” is a trading technique that echoes this idea. The famous Warren Buffet quote sums it up: “be fearful when others are greedy, and greedy when others are fearful.”
Şimdi, geçen yıl Bitcoin korku ve açgözlülük endeksindeki eğilimi gösteren bir grafik:
The value of the indicator seems to have surged up during recent weeks | Source: Arcane Research'ün Haftalık Güncellemesi - 29. Hafta 2022
As you can see in the above graph, the Bitcoin fear and greed has observed some growth recently and is currently at a value of 26, suggesting a fearful sentiment is gripping the market currently.
Preceding this latest improvement in the mentality was a long stretch of extreme fear, the longest in the history of the crypto, in fact. It lasted for 74 days.
Last week, the indicator’s value had risen up to even 34 as the coin’s price saw a recovery rally. However, as the run ended and the crypto once again slumped down, so did the sentiment among the investors.
The report notes that this trend indicates participants in the BTC (and wider crypto) market believe that this recent rally was just a fakeout.
Overall, the sentiment is certainly an improvement over the extreme fear hell of June, but the buyers still remain reluctant.
BTC Fiyatı
Yazı yazıldığı zaman Bitcoin fiyatı geçen hafta %21.3 düşüşle 10 bin dolar civarında seyrediyor. Geçen ay, kripto %2 değer kazandı.
Aşağıdaki grafik, son beş gün içinde madeni paranın fiyatındaki eğilimi göstermektedir.
Looks like the value of the crypto has gone down over the last few days | Source: TradingView'de BTCUSD
Unsplash.com'da Kanchanara'dan öne çıkan görsel, TradingView.com'dan çizelgeler, Arcane Research
Source: https://www.newsbtc.com/news/bitcoin/bitcoin-buyers-reluctant-fear-and-greed-index/