Market greed and fear index

There are different ways through which we can track the market sentiment and out of 8 greed and fear index is one of the methodology that is used quite a lot in the market to see how things are going and what could be the next possible move in the market. Currently the market sentiments are different and if we talk about the index for fear and greed then also it is neutral which is a situation when we can't say whether there are a lot of buyers or the sellers. Hindi scenario the market is neutral where as it is difficult to predict which side is used going to move in the next few days it is better to stay at this point and put a pause on further trading actions.

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Again it's really not easy to predict the next market move and but this is also a good time to wait for the right opportunity if we are planning to invest in the market and even if somebody is waiting to sell something then also this not the right because we don't know how things are going to be in market in the next day or maybe even at the next hour. The Bitcoin price is hovering around 60k US dollars price mark where are some people are saying that in next week it should be crossing 70k. If that happens then it's good but as of now it's hard to produce that what would be the next moment for the Bitcoin price in the market but as always we know that the price is going to grow a lot and it is just a temporary halt on the price momentum.

Greed and fear index is only important to figure out how market is doing at the moment and since it is neutral and you will not be surprised once you may see some reaction to these and it might turn from neutral to greed a maybe here depending up on how the market works in the coming days. as per has Bitcoin is concerned there is nothing to worry about if you are planning to invest on Bitcoin for the long term because it is going to grow a lot but yes it is also true that it might take a few months to show that kind of momentum.

I am a long term believer in trip to and I believe that in the next bull cycle that we are expecting by end of this year or maybe early next year then things are going to be even more valuable so now is the good time to accumulate more sorry investing or anyway it is possible. For example this time we can earn more SP which is also valuable company the current situation of the market so keep on trying to accumulate more and you will be happy once the market take for you turn and starts going up..

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