What is the overall market sentiment and how can I keep track of this?

[$weetne$$]

I have been observing the market trend recently and have seen that the patters are not so consistent with what I expected although it has been ranging, but I will like to know when I can easily spot when the market will change direction, is there any indicator I can combine to make a thoughtful decision that I will not regret?

My advice is to not wait for any indicator before buying Bitcoin, you do not need to time the market to perfection when to buy, you can buy while the market is down so you can buy more amount of Bitcoin than to buy when the naketyis rising although that is also another strategy but you need to be very accurate to get this strategy correctly. The market sentiment is neutral and not bearish of bullish. It can change at anytime but for now you do not have to panic to buy or sell. Also you do not have alot of time to be waiting for when you are going to buy because the market can move very fast and change sentiment. Start buying if you want to make profits when Bitcoin gets to a new highest price. If you keep procrastinating when you will buy Bitcoin because you do not know what the sentiment of the market is, you might miss buying totally and it means you would not be capable of gaining profits when Bitcoin pass a new highest price.

[Aanuoluwatofunmi]

If you have your customised indicator settings you could as well share for the sake of learning.

What most users will be suggesting here is to do your own research upon all the available indicators and make use of them in getting the best result needed form the market sentiment, also, we must have to consider the rate for taking risk over all these if worth it or not, or can we afford  it or not as well, bitcoin remains unpredictable, but the little we could suggest are what we were able to detect from the chart flow over the market price and the crypto season at hand. 

[Lanatsa]

I have been observing the market trend recently and have seen that the patters are not so consistent with what I expected although it has been ranging, but I will like to know when I can easily spot when the market will change direction, is there any indicator I can combine to make a thoughtful decision that I will not regret?

If you have your customised indicator settings you could as well share for the sake of learning.

Previous replies are indeed that relevant specially with that Fear&Greed index on which it would really be giving out at least some idea on whats the current condition of the market when it comes to this aspect
but just like been said by majority on here that there would really be no assurance that you would be able to see those precision on what those indicators that been showing on. Somehow knowing these things could really give out at least some idea on what you are dealing on with. You could be at least have the idea on what you should really be doing next.  Overall market sentiment and other correlated things isnt something that would really be simple to spot out specially in speaking about market shift when it comes to trend and movement. This is why every movement that you would really be taking will really be basing up into your own choice.

Taking further actions will really be just that depending on you, whether you would really be that taking up such step or action on such particular condition because
results or outcomes will really be that vary or does depend on the actions you are making. IF you do skip out or would be holding up your position or doing the other way around.
So it would be depending into your action into this one.

[justdimin]

I have been observing the market trend recently and have seen that the patters are not so consistent with what I expected although it has been ranging, but I will like to know when I can easily spot when the market will change direction, is there any indicator I can combine to make a thoughtful decision that I will not regret?

If you have your customised indicator settings you could as well share for the sake of learning.

Isn't technical analysis a bit about that? I mean if you are reading charts and checking the indicators and TA, then you are already trying to be aware of what the market is thinking. I am not saying that you will be right each time, but it's quite possible that you could be. This should not be all that complicated, you could make that money one way or another.

I believe that we are going to end up with some return for a while, and can't really consider the change all that much. We need to just make some money with whatever we have. If you want to know what the people are thinking, just check the charts and the indicators, those should be telling you something. Not all the time, but most of the time that should tell you more about the market.

[Webetcoins]

My advice is to not wait for any indicator before buying Bitcoin, you do not need to time the market to perfection when to buy, you can buy while the market is down so you can buy more amount of Bitcoin than to buy when the naketyis rising although that is also another strategy but you need to be very accurate to get this strategy correctly. The market sentiment is neutral and not bearish of bullish. It can change at anytime but for now you do not have to panic to buy or sell. Also you do not have alot of time to be waiting for when you are going to buy because the market can move very fast and change sentiment. Start buying if you want to make profits when Bitcoin gets to a new highest price. If you keep procrastinating when you will buy Bitcoin because you do not know what the sentiment of the market is, you might miss buying totally and it means you would not be capable of gaining profits when Bitcoin pass a new highest price.

Last week the market was quite down so it was a good opportunity to buy Bitcoin but now the market is going back up so those who are looking to buy Bitcoin right now should wait, I would not advise you to keep buying but I would advise you to do DCA because maybe the market will go down again. If the market goes down again, you should have money to buy more, so it is better to go with DCA. If the market goes up from here you will profit and if it goes down further you will have money to buy more.

There is no trust in the crypto market. No one can say that the market will not go down from here. Therefore, a successful trader never buys only with the top in mind. If it goes the other way around, what will be the strategy?

A wise trader always trades by thinking and estimating the loss more than the gain, and this is the reason why we should be ready for any situation since the cryptocurrency market is unpredictable and we can see anything happening at any given time.

[stomachgrowls]

I have been observing the market trend recently and have seen that the patters are not so consistent with what I expected although it has been ranging, but I will like to know when I can easily spot when the market will change direction, is there any indicator I can combine to make a thoughtful decision that I will not regret?

If you have your customised indicator settings you could as well share for the sake of learning.

Isn't technical analysis a bit about that? I mean if you are reading charts and checking the indicators and TA, then you are already trying to be aware of what the market is thinking. I am not saying that you will be right each time, but it's quite possible that you could be. This should not be all that complicated, you could make that money one way or another.

I believe that we are going to end up with some return for a while, and can't really consider the change all that much. We need to just make some money with whatever we have. If you want to know what the people are thinking, just check the charts and the indicators, those should be telling you something. Not all the time, but most of the time that should tell you more about the market.

Thats why knowledge is really that important, because on the moment that you do find yourself dealing up with unpredictable space, then it would really be just that normal that you would really be needing up that sufficient knowledge and awareness on how this market behaves or works or simply knowing its volatility. On the time that you do step your foot into this market without having any idea then you are just basically
putting up yourself on such tough situation and this is something that you should really be looking on. Dont expect that this would really be just that an easy path for you to know everything within this space
or simply having those impressions that you could really make some easy profits on this place. Always expect the unexpected because things could happen on least expected.

When you are just newbie into this market then it would really be normal on having those kind of impressions on which you would really be mind boggling on the things that you've been experiencing.
On the moment that you had already gained up sufficient experience then those impressions would really changed up overtime. It is really that typical that you would be making up those
kind of comment when its your first time. 

[tygeade]

Last week the market was quite down so it was a good opportunity to buy Bitcoin but now the market is going back up so those who are looking to buy Bitcoin right now should wait, I would not advise you to keep buying but I would advise you to do DCA because maybe the market will go down again. If the market goes down again, you should have money to buy more, so it is better to go with DCA. If the market goes up from here you will profit and if it goes down further you will have money to buy more.

There is no trust in the crypto market. No one can say that the market will not go down from here. Therefore, a successful trader never buys only with the top in mind. If it goes the other way around, what will be the strategy?

A wise trader always trades by thinking and estimating the loss more than the gain, and this is the reason why we should be ready for any situation since the cryptocurrency market is unpredictable and we can see anything happening at any given time.

I would say that thinking about the loss would definitely be helpful if you are aware of the market. Because you know that you are going to make profit eventually anyway, you just need to make sure that you are not dealing with too much loss. If you are careless then you are going to make some loss, and a lot of people do, but if you know what you are doing and not careless, you are going to make some decent profit as well.

I believe that we need to consider this, it is not going to be that easy but won't be that hard neither. At the end of the day, it is just life and we could make it work some other way as well. I believe that we need to focus on how to make some good returns, which can be done, by working hard towards it. I believe that we are going to find something that will be hard for us to convince ourselves if we are dealing with bad trades, most of the time we try to blame other factors, but if we can see our own mistakes then it will eb a lot better. A lot of people fail at that part, they always blame others, a good trader sees their own mistake and fixes it and tries to make less loss based on that, would help us a lot if we know how to do that part and get greater results.

[beerlover]

I would say that thinking about the loss would definitely be helpful if you are aware of the market. Because you know that you are going to make profit eventually anyway, you just need to make sure that you are not dealing with too much loss. If you are careless then you are going to make some loss, and a lot of people do, but if you know what you are doing and not careless, you are going to make some decent profit as well.

Plus, learning from your mistakes means that you know what you are looking at, and you studied it good enough. People who look at their loss and do not understand why they lost, should go back and study some more to be able to understand. If you lose, and a veteran, that means you will be able to look at your loss and see the mistake. Just because you know what mistake you shouldn't do, doesn't mean that you will never make that mistake, sometimes you do it without realizing you are doing it, it is not like obviously done thing, there isn't like red flashing lights alarming you about your mistake.

Right now, market sentiment is not positive. But, current times must be another great opportunity to accumulate and average. Keep fishing on this down trend and I believe $61k levels act as strong support level and we can expect bounce back from there if the down market persist or else we can see bulls getting back to action at current levels itself.

[Republikcoin.com]

What most users will be suggesting here is to do your own research upon all the available indicators and make use of them in getting the best result needed form the market sentiment, also, we must have to consider the rate for taking risk over all these if worth it or not, or can we afford  it or not as well, bitcoin remains unpredictable, but the little we could suggest are what we were able to detect from the chart flow over the market price and the crypto season at hand. 

Even though the price of Bitcoin itself is always difficult for us to predict even though we have done our own research in this matter, I think from the advice you said it has also been clearly revealed that it all always depends on each person's ability and courage when they want to make a decision such as buying. or sell it at a certain moment. Because crypto market sentiment will not always be the same, even though the potential for large profits that can be obtained for those who want to keep holding Bitcoin tightly enough will always be there.

[shinratensei_]

What most users will be suggesting here is to do your own research upon all the available indicators and make use of them in getting the best result needed form the market sentiment, also, we must have to consider the rate for taking risk over all these if worth it or not, or can we afford  it or not as well, bitcoin remains unpredictable, but the little we could suggest are what we were able to detect from the chart flow over the market price and the crypto season at hand. 

honestly AI is good enough at figuring current sentiment, some exchange provides that and they also integrate with real time data to their exchange which means it's fresh data and is valid to make financial decision based on it.
so figuring out market sentiment is a piece of cake, but don't expect things to always follow market sentiment, i usually consider this as a wrap up data of what happened to the market for certain period of time, never consider it a future forecast personally.

[dezoel]

What most users will be suggesting here is to do your own research upon all the available indicators and make use of them in getting the best result needed form the market sentiment, also, we must have to consider the rate for taking risk over all these if worth it or not, or can we afford  it or not as well, bitcoin remains unpredictable, but the little we could suggest are what we were able to detect from the chart flow over the market price and the crypto season at hand. 

Even though the price of Bitcoin itself is always difficult for us to predict even though we have done our own research in this matter, I think from the advice you said it has also been clearly revealed that it all always depends on each person's ability and courage when they want to make a decision such as buying. or sell it at a certain moment. Because crypto market sentiment will not always be the same, even though the potential for large profits that can be obtained for those who want to keep holding Bitcoin tightly enough will always be there.

That is true, if you do not have courage to get in when you should, then you are going to regret that decision and a lot of people do, there is no reason to keep thinking like that. I personally believe that the best thing we can do will be important for our future and we need to make sure that we know what we are doing.

There isn't really anything that could benefit us, after all if we stay out, that means we won't lose or we won't earn, so staying out has no down or up situation and that's why a lot of people prefer that.

But the reality is that we can't grow that way neither, and if we can't grow then how are we suppose to make any money from crypto at all? How are we suppose to have a better life?

We are going to just live the same life and anytime there is a financial crisis in the world we will reset and be poor and try again. But if you take that courage and use it to buy crypto then suddenly you are going to get richer and one day no crisis will matter to you, you will have enough money to not worry about money anymore. This is why I invest into bitcoin, and will keep on investing into bitcoin, there isn't any other better way to make this work, we need to make sure that this works.

[Cryptohygenic]

is there any indicator I can combine to make a thoughtful decision that I will not regret

I've really come so far to studying about the market waves and underwood that there's no strategy or tool that can guarantee you unregretes. It is just all up to you to make up your mind that the state of the market is profit sd lost but a long term holding will always go give you those chances to a better place.
The possibilities of your unregretes is stabilizing your emotions and just patiently keep holding nomatter what the circumstances is until the market make good and excited phase of your expectations.

[BITCOIN4X]

~Snip

honestly AI is good enough at figuring current sentiment, some exchange provides that and they also integrate with real time data to their exchange which means it's fresh data and is valid to make financial decision based on it.
so figuring out market sentiment is a piece of cake, but don't expect things to always follow market sentiment, i usually consider this as a wrap up data of what happened to the market for certain period of time, never consider it a future forecast personally.

Of course, nothing is certain. There is no pattern that really guarantees that what we hope for will come true, in fact the market can reverse direction at any time once the trend is good. Every trader must be very wise in making decisions, but so do investors. If the market looks down -1% now, then perhaps the price will rise 5% in a few hours. Once again, there is no definite benchmark even though we do good analysis based on data.

[bangjoe]

is there any indicator I can combine to make a thoughtful decision that I will not regret

I've really come so far to studying about the market waves and underwood that there's no strategy or tool that can guarantee you unregretes. It is just all up to you to make up your mind that the state of the market is profit sd lost but a long term holding will always go give you those chances to a better place.
The possibilities of your unregretes is stabilizing your emotions and just patiently keep holding nomatter what the circumstances is until the market make good and excited phase of your expectations.

But the regret will always be either you buy or not buy, such as you make a purchase of Bitcoin from the beginning of this year and do it in a long term and planned for the long term, then Bitcoin jumped the price up to $ 200k, but you can only collect 1 BTC , even though you are able to collect several BTCs, it will sometimes make you regret because you feel that why not buying more before.

But it is far better and not buying once, when the price jumped and does not have BTC it will be much more sorry especially when you have planned to buy BTC but don't do it, I am quite sure you will be very sorry for life.