Matrixport: The Bitcoin Greed and Fear Index may have reached its lowest level
The Matrixport report indicates that the MP Bitcoin Greed and Fear Index (grey line) may have reached its lowest level. As long as Bitcoin is in a bull market, this index tends to rebound from this level.
Although the moving average of this index (black line) is still declining, we also hope to see the moving average turn upward before purchasing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Americans are starting to use bitcoin mining equipment to heat their homes during winter
Bit Digital releases Q3 financial report: Ethereum holdings increase to 153,547, staking income reaches $29 million