News about Bitcoin

by COINS NEWS - 2 years ago

The price of bitcoin is essentially flat from 1 year ago ($42k). And yet, the fear and greed indicator is almost EXACTLY the opposite. From 10 (extreme fear max) a day ago, compared to 90 (extreme greed max) 1 year ago.

If a random person with no knowledge of cryptocurrency saw this they would think that the markets are crazy. It is completely normal for an asset class to have a year where it has little price action. This is actually healthy. Now consider and contra...