Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Galaxy on November 19, 2020, 11:47:19 PM
-
As Bitcoin continued its price surge, more investors are lining up to move their money into BTC. But some metrics suggest a bubble could be forming. As you’re no doubt aware, Bitcoin is on a charge right now. As prices surged above $18,000, buying sentiment, according to the Fear & Greed Index tipped into the “Extreme Greed” category.
The score, based on a variety of different sources including market movements, volatility and social media tipped into the 90s. The last time it was higher was in June 2019 when Bitcoin’s price began picking up after its protracted pull back from 2018.
Info link: https://decrypt.co/48612/bitcoin-greed-hits-yearly-highs-as-investors-and-celebrities-pour-in