Crypto Fear & Greed Index

08 August 2019, Thursday, 13:05 - Edward Xilay
Crypto Fear & Greed Index

The emotions caused by cryptocurrency can be calculated with the help of the tool named Crypto Fear/Greed Index. What interests everyone now is how accurate the crypto Fear/Greed Index is.

I keep looking for bitcoin indicators. Many of you are already aware of the Fear/Greed Index, which can be used to assess the level of panic or euphoria. It is a useful tool, but it is difficult to analyze crypto fear and greed with charts.

I have found an improved version of the indicator, where the level of Fear/Greed is presented as a price. The more the index turns blue, the more overheated the price is. And vice versa, the red color signals the coin price oversold. The story has been going on since the beginning of 2018.



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