Bitcoin Boom Backstopped By Central Banks’ Easy-Money Policies

Image
Bitcoin Boom Backstopped By Central Banks’ Easy-Money Policies . A flood of central bank stimulus and widening interest among retail and institutional investors has sustained the rally in cryptocurrencies, analysts say, even 'moment of weakness': | published november 07, 2018 by robert johnson. Sec Charges Promoters Of Steven Seagal Spruiked Ico From 2018 from bitblogger.org The central bank of turkey (cbrt) has banned the use of cryptocurrencies and crypto assets to purchase goods and services, warning of significant risks in such transactions. The central bank of turkey has issued a ban against the use of bitcoin and other cryptocurrencies by its citizens to pay for goods it doesn't matter. Turkey's central bank banned the use of cryptocurrencies and crypto assets to purchase goods and services, citing irrepairable a growing boom in turkey's crypto market had gained further pac

Crypto Greed And Fear Index

Crypto Greed And Fear Index. Why measure fear and greed? People tend to get greedy when the market is rising which results in fomo (fear of missing out).

Bitcoin Sentiment Hits Historic Low Based On Crypto Fear And Greed Index Cryptoslate
Bitcoin Sentiment Hits Historic Low Based On Crypto Fear And Greed Index Cryptoslate from cryptoslate.com
What emotion is driving the market now? Also, people often sell their coins in irrational reaction of seeing red numbers. Nevertheless, when crypto fear & greed index indicates fear, it usually means the prices of digital assets are falling.

The crypto fear & greed index of alternative.me provides an easy overview of the current sentiment of the bitcoin / crypto market at a glance.

People tend to get greedy when the market is rising which results in fomo (fear of missing out). If the term fear and greed index doesn't speak for itself, then what does? Besides, as the index value approaches the highest point of fear (the lowest value of the index), the index reverses and greed starts growing. Why measure fear and greed?


Comments

Popular posts from this blog

Is Bitcoin A Bubble 2020

Yep Bitcoin Was A Bubble. And It Popped

Bitcoin Boom Backstopped By Central Banks’ Easy-Money Policies