$BTC Bitcoin Traders Have Moved Away From Fear
The sentiment in the $BTC market has changed, as can be seen in the charts of the Fear and Greed indices. đ
đž These indices, which range from 0 to 100, indicate a state of neutrality when the result is between 45 and 55. If the index rises beyond this range, it reflects greed; if it falls, it is a sign of fear. đš
This result is calculated by taking into account price volatility, trading volume, trading momentum, social media, Google trends, and the market cap of $BTC compared to other cryptocurrencies. đ
According to CoinMarketCap, the Fear and Greed Index has moved from reflecting fear to being in a neutral zone. However, unlike what Alternative shows, this index indicates that the last time greed was experienced was over a month ago. đ§đŒ It seems traders are relaxing, at least for now!