Fear/Greed indicator at low - bottom in?

[G-Money7777]

The bottoms in.... let all the bums speculate but it's going to at least 100K Q4

[sunsilk]

The bottoms in.... let all the bums speculate but it's going to at least 100K Q4

Hoping for that and that's what we're all looking forward.

Thats all crypto enthusiast expecting, we need a good positive signal or news to make another bull run this year, the last bull run isnt big enough.

A good news will certainly make a difference but it can also be just a temporary mover within a day. The market is in the normal state and such corrections do often happen. It will eventually rise, no matter how low it can show.

[Koutami]

Thats all crypto enthusiast expecting, we need a good positive signal or news to make another bull run this year, the last bull run isnt big enough.

A good news will certainly make a difference but it can also be just a temporary mover within a day. The market is in the normal state and such corrections do often happen. It will eventually rise, no matter how low it can show.

News affects the entire market, if there's good news that really create big impact for sure bull will be more bigger and will last longer,
it's always this way,

There's a certain chance that after this correction and with good momentum from the market the price will pump more higher than the
last time high.

Yeah agree, now Bitcoin have lower hashrate because many rig farm are shutdown and planned to move, after they start it again, it could be many big news to start the momentum.

[G-Money7777]

IMO the bottom is in... Reminds me of the 2013 Bull Run

[LGD2Business]

It didn't see above 30 for weeks, so it's clearly we don't see trend reversal yet. Hopefully next days we will see it as market try to hold above 30k Bitcoin and even though alts damaged they were not dipped. This bull trend can go on in next few months until big crash happens.

[bitterguy28]

IMO the bottom is in... Reminds me of the 2013 Bull Run

What is with 2013 compared to 2017 bullrun mate?

i think all bullrun ends up bearish market and this is what we are looking here.

It didn't see above 30 for weeks, so it's clearly we don't see trend reversal yet. Hopefully next days we will see it as market try to hold above 30k Bitcoin and even though alts damaged they were not dipped. This bull trend can go on in next few months until big crash happens.

it may come any moment mate.

[sapnu]

https://alternative.me/crypto/


Go down the page to the chart and click on "max".  You will see that the current reading of 10 is about as low as it can go.


I would say from looking at the chart; a reading above 35 is a buy signal.

The current dip might last longer than we are predicting or speculating and if you thing 35 is somehow low already, be ready for the regret you may feel as it goes lower. The dip will more likely keep on going and the current dip we are experiencing might be nothing compared to the dips that are about to happen. Considering the crisis with China right now wherein crypto services are being banned or getting restricted, it can already be an indicator that the worst is yet to come. If ever that continues, it will surely make a huge impact on crypto's price so be mindful on what's happening in your surrounding always to know the best course of action.

[sunsilk]

Thats all crypto enthusiast expecting, we need a good positive signal or news to make another bull run this year, the last bull run isnt big enough.

A good news will certainly make a difference but it can also be just a temporary mover within a day. The market is in the normal state and such corrections do often happen. It will eventually rise, no matter how low it can show.

News affects the entire market, if there's good news that really create big impact for sure bull will be more bigger and will last longer,
it's always this way,

There's a certain chance that after this correction and with good momentum from the market the price will pump more higher than the
last time high.

I'm also putting my hope with this correction that it's going to bring a better momentum than the last bull run. We're having the same belief that it will push through a higher ATH by the end of the year.

But whether it will or will not, we've seen how quick bitcoin goes in recovery whenever there's a correction and how quick it is to pump after all of the corrections that it has been through.

[ingiltere]

It's 22 now, 20 yesterday, saw max at 38 on 15 June. Remember that it reflects after something happen, not that it shows what will happen so I take this index with a pinch of salt. If BTC goes up %15 in last 24 hours then we see this index to go up faster. Then we can see 35 as your expectation as well but I don't see it as new bullish trend sign alone. I also check this index every day but I don't let it affect my trading positions much.

[poodle63]

the indicater seems gradually increasing to a more positive light, seems the market isn't clouded with fear anymore but some dips still happening, it could
be a good sign of the market recovering back but many people actually speculated it to be sideways for a long time.

Thats all crypto enthusiast expecting, we need a good positive signal or news to make another bull run this year, the last bull run isnt big enough.

A good news will certainly make a difference but it can also be just a temporary mover within a day. The market is in the normal state and such corrections do often happen. It will eventually rise, no matter how low it can show.

News affects the entire market, if there's good news that really create big impact for sure bull will be more bigger and will last longer,
it's always this way,

There's a certain chance that after this correction and with good momentum from the market the price will pump more higher than the
last time high.

Yeah agree, now Bitcoin have lower hashrate because many rig farm are shutdown and planned to move, after they start it again, it could be many big news to start the momentum.

AFAIK lower hashrate doesn't mean its bad for bitcoin or its market, it's just hashrate is decreasing and thats it, bitcoin mining is already as competitive as it can be and right now I think
is most suitable for bitcoin. Miners could make profit more than usually and that's enough I think.

[inanilujimi]

no need to expect any signal, the right time for me to buy is when everyone is scared and sells their assets. do not hesitate to buy if the price drops more than 20% per day because a few days later there will be a significant increase.

[hd49728]

Fear/ Greed indicator indicates that you are in a good time to buy cryptocurrency. Short term, you can get profit. Long term, sure you will get profit.

It is not my financial advice. Do your investment with your awareness about risk and don't accept all risk because you want to be rich. In crypto market, you can get rich very quick but if you can not manage your investment, you will lose it as quick as how you get.

Bitcoin temporarily finds its temp bottom and you already witness how it bounces in the recent 24 hours.