Fear/Greed indicator at low - bottom in?

[Zoe Saldana]

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.

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[senyorito123]

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.

That's a good decision if you're buying below $35k and don't wait for that signal to tell your what's good or bad. Let's take this fall as a good opportunity before hitting the best part of our journey in btc these days. Huge bounce is might be expected to come, though we didn't know what exact outcome will begin to exist for coming weeks. Don't you have a blink of an eye and get behind every market updates, because surprises might be intense one day.

[wheelz1200]

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.

Historically dips have lasted longer than this so I would say there is plenty more bloodshed away this is the first hill on the way down.  I could be wrong but this is the retrace that's needed for a monster outbreak.

[Ararbermas]

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.

on this current situation maybe the good decision to follow is the trend and to wait until it really shows a good improvement.. What i mean dont rely on what you saw and what's your thoughts because it still have a potential to crash more as long there are some fuds around the internet that keep trying to influence other people to dump.. So too good to be true because it will never become safe to buy unless there's a good improvement and it really showing a good sign..

[tokeweed]

Sure we could buy these dips and see how it goes.  But be warned, it could all just be a dead cat bounce.  Go do the trade but be ready to let go a soon as the prices go south..  You wouldn’t want to be the last guy holding the bag.  Lol.

[tulusikhlas]

there will be no big loss when you enter at $35,000. because it is precisely the lower limit that is safe enough to make a purchase.
because now it has started to give a green signal, you should have made a purchase from yesterday when the correction really gave a pretty fantastic discount.

[Bitum]

I don't know how certain this indicator is, but I'm pretty sure that it's not a bad time to buy top coins (BTC, ETH etc.) at the moment, if you are looking for a long-term perspective. Of course, everything can fall down under pressure from bad news, but in the long run it will be a profitable decision

[Meta anggraini]

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.

Did u mean we need to wait until the indicator above 35 to start buying or because its on bottom (10) we need to start buying?

[Silberman]

Sure we could buy these dips and see how it goes.  But be warned, it could all just be a dead cat bounce.  Go do the trade but be ready to let go a soon as the prices go south..  You wouldn’t want to be the last guy holding the bag.  Lol.

If we are talking about altcoins then your advice makes complete sense and I am behind it, but when it comes to bitcoin then I will say we can make an exception, the current price is good enough to buy some bitcoin, it is true the price could still go down some more and you could lose some money but as long as you are willing to hold your bitcoin for the long term this is not a problem as I do not think the price is going down that much from the current price.

[maju69]

Your decision will not disappoint you. As for being disappointed it means you are not sure. because it is included at the current price, you should be prepared for future results.
We wouldn't hesitate to include a $33,000 price tag. buy and leave for future guarantees.
it's that simple for bitcoin, and pause to glance at the current altcoin price.

[sunsilk]

buy and leave for future guarantees.
it's that simple for bitcoin, and pause to glance at the current altcoin price.

Yes. Very simple and this is applicable for people like me who's just a holder and waiting for it to the right time of selling it.

You'll see that there's so much FOMO that has happened when bitcoin had reached the ATH and people keep buying. And it should be this time that they do the same if ever they made a mistake on that particular ATH.

But they seem to be disappointed.

[herurist]

buy and leave for future guarantees.
it's that simple for bitcoin, and pause to glance at the current altcoin price.

Yes. Very simple and this is applicable for people like me who's just a holder and waiting for it to the right time of selling it.

You'll see that there's so much FOMO that has happened when bitcoin had reached the ATH and people keep buying. And it should be this time that they do the same if ever they made a mistake on that particular ATH.

But they seem to be disappointed.

when this kind of situation has happened, we can only watch and watch as investors and institutions hunt for cheap prices from the sharp declines of the past few years.
it is undeniable, in fact we admit that as small traders, we cannot act freely. we don't have enough capital. and does the institution take advantage of this opportunity? obviously they came and held it for collateral in the future.

[Slow death]

I do not see this indicator to be something very reliable, in my opinion it was expected that the price would not fall below $28000. there are big supports on the $30,000 and $28000 and people should only panic if and if they only see the price drop below $28000 because if the bitcoin price drops below $28000 then we will see the $20,000 price back. for now there is no reason to be afraid

when this kind of situation has happened, we can only watch and watch as investors and institutions hunt for cheap prices from the sharp declines of the past few years.

in the past the price rose from $1000 to $20,000 and then dropped from $20,000 to $3000, it is natural that people get scared and think that the same scenario of the past can be repeated.

[malcovi2]

Sure we could buy these dips and see how it goes.  But be warned, it could all just be a dead cat bounce.  Go do the trade but be ready to let go a soon as the prices go south..  You wouldn’t want to be the last guy holding the bag.  Lol.

when you buy you need diamon hands. We know that this is not for paper hands.

[GreatArkansas]

If you take a look especially at previous price years; 2018 and 2020. You will see very similar actions of the fear/greed index. It is like acting support, around a value of 10-20, very strong support started since the year 2018.
If ever this is still not the bottom of the fear/greed index, I am still expecting a very long sideways for more months on Bitcoin these coming months.

[rhomelmabini]

If you take a look especially at previous price years; 2018 and 2020. You will see very similar actions of the fear/greed index. It is like acting support, around a value of 10-20, very strong support started since the year 2018.
If ever this is still not the bottom of the fear/greed index, I am still expecting a very long sideways for more months on Bitcoin these coming months.

This is exciting to watch, looks like we may see squeeze here and 2021 ending might be exciting. Sideways until September will still be valid until we see new ATH or see that 6 figure value per Bitcoin.

[sunsilk]

buy and leave for future guarantees.
it's that simple for bitcoin, and pause to glance at the current altcoin price.

Yes. Very simple and this is applicable for people like me who's just a holder and waiting for it to the right time of selling it.

You'll see that there's so much FOMO that has happened when bitcoin had reached the ATH and people keep buying. And it should be this time that they do the same if ever they made a mistake on that particular ATH.

But they seem to be disappointed.

when this kind of situation has happened, we can only watch and watch as investors and institutions hunt for cheap prices from the sharp declines of the past few years.
it is undeniable, in fact we admit that as small traders, we cannot act freely. we don't have enough capital. and does the institution take advantage of this opportunity? obviously they came and held it for collateral in the future.

We can act freely whether the whales are playing or institutions are on it. You only have to make your positions firm when you trade and when you think that the bottom is already in.

If that is so then you have to take decision of buying in if they're also buying in or you don't have to wait for them to validate that the bottom is in if you're aware of it and you know that it's already in.

[Balmain]

If you take a look especially at previous price years; 2018 and 2020. You will see very similar actions of the fear/greed index. It is like acting support, around a value of 10-20, very strong support started since the year 2018.
If ever this is still not the bottom of the fear/greed index, I am still expecting a very long sideways for more months on Bitcoin these coming months.

I was thinking the same things, actually this fear index doesn't seem to be getting better in a short time. When I looked at the chart you shared, everything became clearer in my mind.
My expectation is that there will be positive signals again in September and October, and we will make a definite return to the market and bull.

[Koutami]

If you take a look especially at previous price years; 2018 and 2020. You will see very similar actions of the fear/greed index. It is like acting support, around a value of 10-20, very strong support started since the year 2018.
If ever this is still not the bottom of the fear/greed index, I am still expecting a very long sideways for more months on Bitcoin these coming months.

I was thinking the same things, actually this fear index doesn't seem to be getting better in a short time. When I looked at the chart you shared, everything became clearer in my mind.
My expectation is that there will be positive signals again in September and October, and we will make a definite return to the market and bull.

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.

[Cherylstar86]

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.

Now is the good time to buy while an opportunity comes when price decline. Our hope is in every dip of btc price, so don't let chances be gone, because this will give us an assurance to gain as soon market survives. Recently we're at below 35, then another entry level is surely a good start for those who haven't yet hold btc before last bullrun reached at $60k.