Crypto Fear & Greed Index

in bitcoin •  2 months ago 

Crypto Fear & Greed Index on Feb 21, 2019

I came across this website that has put together an interesting indicator for the crypto market. Are we in fear or are we being greedy? It's not a hard question to answer is it?

Seems that way!

Here is a plot of our Fear & Greed Index over time, where a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed". Since we started measuring the Fear & Greed Index with our final algorithm (small changes excluded) in early 2018, there is no older data available than Feb 01, 2018.

Screen Shot 2019-07-09 at 7.43.44 PM.png

There's more information on the site which you can read here to understand this a little better. However, please don't bet your trades on this. :)

That's not all someone went ahead to make indicators based on this for Trading View! That's pretty cool too!

Screen Shot 2019-07-09 at 7.42.07 PM.png

No dearth of creativity in this space eh?


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84 is a huge value - everyone is ready to buy: =)

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