📈🚨 Bitcoin's recent surge past $50K $BTC has sparked a wave of 'extreme greed' in the market, pushing the Fear and Greed Index to heights not seen since 2021.

But what does this mean for investors?

Dive into 'The Crypto Sage's' latest analysis to unravel the implications of this bullish sentiment and explore strategies for navigating potential market corrections.

With Bitcoin ETF inflows and halving anticipation adding to the fervor, understanding the current landscape is more crucial than ever.

Read now for insightful strategies on how to approach this volatile yet opportunistic market.

#Write2Earn #TrendingTopic #BTC #Bitcoin #Greed

The #Fear and #Greed Index is a tool that measures the emotional state of the market by analyzing a variety of factors, including volatility, put/call ratios, market momentum, and market breadth. The index is designed to help traders and investors identify whether the market .

The #Fear and #Greed Index is calculated by analyzing a range of market indicators, including the CBOE Volatility Index (VIX), put/call ratios, market momentum, and market breadth. Each indicator is given a weight based on its relevance to the current market conditions.

🔴✅#Crypto Market Fear & Greed Index ✅🔴

Market Now in #Greed 🔥😀

#BTC #crypto2023 #Binance

The #Fear and #Greed Index set a new low from July 2022

The Fear and Greed Index reached a level of 17 basis points, the "extreme fear" zone.

The last time such a value of the index was observed in July 2022. At that time, bitcoin was trading around $20,000.

#MarketDownturn #BTCMarketPanic #RecessionOrDip?
$ETH $PEPE $XRP

This 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".

The overall euphoria associated with #Bitcoin hitting all-time highs is extremely perilous for market newcomers.

Yes, I look positively towards the future of the crypto industry, but having experienced the volatility "burns," I cannot help but caution you as follows:

— The market is driven by fear and greed. Fear arises when everything seems to be going down, and new market participants rush to sell during corrections and rebounds.

#Greed emerges when "To the moon" seems just around the corner, and it's time to invest everything in crypto assets worldwide with a 500x leverage.

Currently, the market is on the verge of simple and extreme greed. Based on logic and experience, it would be wise to lock in some of the earned profits.

Jumping with a run onto a departing train on slippery ice is a questionable venture. Usually, trains come and go. Strive to confidently catch your own.

— Forecasters and signal providers. The most dangerous profession in the world.

Especially perilous for those who act based on others' forecasts. Remember the end of 2017 when we compared the forecasts of experts, banks, and analysts.
For 2018, there were extremely optimistic expectations from almost all public sources. Bitcoin at $100k, $200k, and so on. Let's look at the price facts of the "father of cryptocurrencies": January 2017: $960, December 2017: $20,000, December 2018: $4,000.
Is it worth copy trading based on forecasts and signals? Not sure.

— "Dad, I'm a crypto expert." In every person, there's a certain level of uncertainty, caution, and fear.

Even the most renowned artist feels a slight nervousness stepping onto the stage for the thousandth time. A skydiver making his millionth jump must check the parachute folding and all attachments.

So why do new crypto enthusiasts, after their fourth successful trade, rush with their entire "meatball" into the market?
The answer is excitement and the aforementioned greed. Be prudent.

What to do? Have a "cold mind," study the fundamentals, learn. And the moon will be yours. Remember, it's better to earn less than to lose big.

#BONK Preparing For Boom Boom 🚀🚀

Bonk price today is $ 0.00001403 with a 24-hour trading volume of $ 181.86M, market cap of $ 888.49M, and market dominance of 0.05%. The BONK price increased 6.05% in the last 24 hours.

Bonk reached its highest price on Dec 15, 2023 when it was trading at its all-time high of $ 0.00003428, while Bonk's lowest price was recorded on Oct 12, 2023 when it was trading at its all-time low of $ 0.0₆1753. The lowest price since it's ATH was $ 0.0₅9387 (cycle low). The highest BONK price since the last cycle low was $ 0.00001751 (cycle high). The Bonk price prediction sentiment is currently #bullish , while Fear & Greed Index is showing #71 #Greed

🛑If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿
#Write2Earn

what a marvellous piece of shit I am, sold all my #Floki for 0.0001914, after being frustrated of the continuous fluctuations, thought it will go back down as usual to 0.00016400, and I will buy again in that price range, but trend went bullish in minutes so tried the future to recover some of my loss in the Future long, but got liquidated.
#Patience is the key.
#Greed is a curse.

$BTC tips

I wish there was a neutral sentiment when posting, instead of only bullish or bearish.

To survive this slaughterhouse, you need to avoid #leverage at all times like the plague!

Crypto is like stocks on steroids, it's already volatile and kinda "leveraged" compared to stocks.

If you're not liquidated by #Greed and #manipulation you always have a chance to:

- Come back and recover your losses.

- Learn and apply new "learning" to refine your tactics and strategy.

Leverage will take away those two key benefits essential for your survival and leave you with a broken spirit and sidelined.

Another word of advice:

Don't follow those who predict the market with 100% Confidence. No matter how good/bad they are!

What we know for sure is that they are mistaken and that their #predictions are at least 30% wrong!

And that's for the top analysts who don't have enough time to post each time the market shifts :)

Instead follow those who provide:
Facts + Insights - Arrogant Predictions