Bitcoin Fear and Greed Index

[CryptoBry]

The Fear and Greed Index for Bitcoin is a good indication of the current market sentiment towards the King of Cryptos and as of May 11, 2019 it is standing at 76 which an improvement of 5 points than the previous update and a great leap from last month's 51. Now, this analysis is quite reflective of the current upward movement of Bitcoin as it is releasing the energy, excitement and enthusiasm in the marketplace.

Here is a plot of the Fear & Greed Index over time, where a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed".

Source: https://alternative.me/crypto/fear-and-greed-index/

Interesting, isn't it? By the way, this is not my own analysis, and I am not the one making it up.

[Broly46]

Welcome and trying to prove your pointless analysis.
Look at the chart of the btc price, it didn't follow any Elliott wave, and what do you think your pathetic research can make any sense?

[Haunebu]

Interesting analysis. Makes complete sense due to the transitions from bear market to bull market and vica versa. There is nothing surprising about any of this since this is common logic.

Currently, I feel that the pointer should be somewhere in between(Around 40).

[DeathAngel]

Welcome and trying to prove your pointless analysis.
Look at the chart of the btc price, it didn't follow any Elliott wave, and what do you think your pathetic research can make any sense?

If you don’t like a thread/post then don’t comment. There’s no need to be an asshole & try to ridicule somebody.

Peace.

[Pursuer]

"fear and greed" are not things that can be measured on a chart. you can draw a chart like this one after the fact meaning when it is already too late and the market has already changed its course but never when it matters which is when the investors are leading towards one or the other.
that is mainly because these things are being affected by all the things that are going on in the market at that time. for example in 2016 when Bitfinex was hacked the "fear" increased and the FUD helped that to crash the price about 30% IIRC. that was not something you could see on the chart but you can see it now that we are past it.
besides, market and its participants are not black and white to be able to be categorized like this.

[traderethereum]

I prefer to be in the middle of 0 to 100
I don't want to be too fearful or to greed in the cryptocurrency because once I do one of that thing, I will not survive and I will not make any profit.
But I guess that many people are in the fear and greed too especially if the price is down deeper and that will make them become fear and if the price increase higher, then they will become greed to chasing the bigger profit.
That will not help them if they want to be a successful person in the cryptocurrency because they always chase something without thinking about enough is enough.
And related to the chart, with the situations today, I think people become greed because they want to make a bigger profit.

[yoseph]

I actually read the article on the website and i do its really important when it comes to crypto trading as a whole, if the data is to trusted, then i believe it could prove profitable when it comes to when to buy and sell your crytpos without losing and always making profits.

[pakhitheboss]

Quite interesting actually.

Another parameter that can be used everyday if you are into trading. While I am not a trader this comes handy for me if I am confused whether to HODL or accumulate more. For me now is the time for more accumulation, as correctly shown by the greed index. I am sure most of us are now pretty much Greedy. 

[okala]

Despite the fact that I must encourage you efforts in putting the article together, I must still air my vision this point bitcoin is contrary to the trend you analyzed in the article and if you have been following the market movement lately you will understand the differences between the market and what your article portray.

[pixie85]

The only thing I find interesting is how close we are to what the index was showing in early 2018 when the price was returning to above 10 thousand dollars after the first wave of sales. It was the time where Tom Lee was telling us that it's only a small correction and we'll be back above 20 thousand in no time

Besides that the index has no point because it shows low points every time bitcoin drops by a lot and high points every time it goes up for a while so it's showing the obvious.

[misterjo]

the analysis is interesting, I really did not know that there was a graph that could measure fear and greed, how do they do it ?, is it because of the things that people comment on social networks or how do they get that data?

[TheGodson]

the analysis is interesting, I really did not know that there was a graph that could measure fear and greed, how do they do it ?, is it because of the things that people comment on social networks or how do they get that data?

They post it on their webpage.

25% based on volatility
25% based on market momentum/volume
15% based on social media
15% based on surveys
10% based on coin market cap dominance
10% based on Google search trends


This is an interesting metric that I will be adding to my webpage and keeping a closer eye on.

[FIFA worldcup]

the analysis is interesting, I really did not know that there was a graph that could measure fear and greed, how do they do it ?, is it because of the things that people comment on social networks or how do they get that data?

I think its depends upon the demand and supply of bitcoins. When the bitcoin demand is high, the price rises and also the greed index as people want to invest in bitcoins to get the potential profit out of it. In days of low demand and bear market, the fear index is on rise as people lose trust on bitcoins and panic sell.

[Cuk0ng_bitc0in]

yes.  it is a real graph.  I analyzed from several charts in Binance and other markets that greed charts dominated more than fear.  if the consistency of this greed lasts long.  then BTC will only create bullish.  fear is not a good indication.  FOMO and fear has always been a virus in the crypto market scalability.

[Indrawan77]

yes.  it is a real graph.  I analyzed from several charts in Binance and other markets that greed charts dominated more than fear.  if the consistency of this greed lasts long.  then BTC will only create bullish.  fear is not a good indication.  FOMO and fear has always been a virus in the crypto market scalability.

Its an interesting graphic its almost like demand and supply graphs and I agree fear, fomo and panic selling is something not good for the market, and too greedy is not good, people should make it balance and dare to take risk when there's a chance, and if a lot of of people choose greed, it could create a new bull trend with unstable price

[pooya87]

this seems interesting but i don't really agree with many of these "numbers" that they have come up with. for example take 2018 which is the most recent one and we all remember. the first  couple of months of it prior to the breakout was full on fear mode where only smart investors and whales were accumulating bitcoin while the rest of the market was in fear not "greed". that is why price didn't rise up above the resistance and that is why people were constantly talking about $1000 bottom instead of talking about how far behind we were from the rise to $9k.

[Erickan]

We are seeing excitement and fomo from investors. The market seemed to be active again, all indicators showed strong recovery of the market. I hope the market keeps the recovery from here till the end of the year. We have spent two years in the bear market, now is the bull market.

[Genemind]

It's a good thing yet we aren't close enough to the bull run's price. It's an advantage for most holders and there would surely be panic buyers who would accumulate more.
The price hike is so interesting and based on some speculation, it could rise even higher which we must look forward into. Lucky are those who have been patiently holding their bitcoins since the bear market.

[MonsterV]

I prefer to be in the middle of 0 to 100
I don't want to be too fearful or to greed in the cryptocurrency because once I do one of that thing, I will not survive and I will not make any profit.
But I guess that many people are in the fear and greed too especially if the price is down deeper and that will make them become fear and if the price increase higher, then they will become greed to chasing the bigger profit.
That will not help them if they want to be a successful person in the cryptocurrency because they always chase something without thinking about enough is enough.
And related to the chart, with the situations today, I think people become greed because they want to make a bigger profit.

I think that's right what you say, the picture from the graph was made after facts and changes took place throughout April and May. Even now traders do not need to look at the graph line because they can see immediately that the green market is now causing greed. While fear is only for those who missed buying coins before, they are afraid that prices will be dumping when buying now, but what is clear is now full of greed in the market.

[Ailmand]

I prefer to be in the middle of 0 to 100
I don't want to be too fearful or to greed in the cryptocurrency because once I do one of that thing, I will not survive and I will not make any profit.
But I guess that many people are in the fear and greed too especially if the price is down deeper and that will make them become fear and if the price increase higher, then they will become greed to chasing the bigger profit.
That will not help them if they want to be a successful person in the cryptocurrency because they always chase something without thinking about enough is enough.
And related to the chart, with the situations today, I think people become greed because they want to make a bigger profit.

I agree, a smart holder or trader knows how to handle and deal with the changes of the market situation. It's wiser and more efficient if we have prepared ourselves for the major events in cryptoworld. Holding and waiting for the right time to sell would be enough and there shouldn't be a place for greediness and panicking.