The Crypto Fear & Greed Index measures the overall emotions and sentiment of the crypto market at the point in time.

• Extreme Fear indicates investors are being too worried and may signal a good buying opportunity.

• Greed signals market is overextending and may be due for a correction soon.

Update 1st October 2021

Bitcoin market is improving from Extreme Fear to Fear which could signal a recovery from the recent dip that's caused by the recent news on China banning cryptocurrency.

Although analysts are expecting higher volume in October but most are still not eager to jump into Bitcoin-linked derivatives.

The current Bitcoin price is still hovering in between 45k resistance & 41k support. However, the recent price has broken parallel channel of the recent downtrend which could signal a rally to 48k.

As always, usual advice on crypto market

1. Not financial advice
2. Do your own research
3. Never invest the amount you're not willing to lose.*

Posted Using LeoFinance ^Beta