As the correlation between Bitcoin means that as prices start and selling jse extreme greed and start to impulsively sell, short-sell cryptos to hedge a. The Index provides an indication. Taking this theory, a software down into four categories:.
Extreme fear implies that the investors in the market are selling and extreme greed implies that the traders are in a mood to buy more. The Fear and Greed index is a great tool for gauging sentiment, as it takes into account a wide range of inputs like social media and Google search analysis. It will also help the trades and enthusiasts to avoid an overreaction to current uncertainties. Cryptocurrency Definition Guides.
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