Data shows 2022 has been the year of fear in the crypto market as investors have continued to display poor sentiment for around eleven months now.<\/p>\n
Crypto Fear And Greed Index Currently Sits In \u201cExtreme Fear\u201d Territory<\/p>\n
As per the latest weekly report from Arcane Research<\/a>, the cryptocurrency market could soon complete one full year of fearful sentiment.<\/p>\n The relevant indicator here is the \u201cfear and greed index<\/a>,\u201d which tells us about the general sentiment among investors in the crypto market.<\/p>\n The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values greater than fifty imply a greedy mood, while those below the threshold suggest a fearful air.<\/p>\n Outside of these two sentiments, there also exist two subset sentiments, the \u201cextreme fear\u201d and the \u201cextreme greed<\/a>.\u201d These occur at values towards the ends of the range. That is, those above 75 for the former, and those below 25 for the latter.<\/p>\n Now, here is a chart that shows the trend in the crypto fear and greed index over the past year:<\/p>\n\n The value of the metric seems to have been moving sideways during recent weeks | Source: Arcane Research’s The Weekly Update – Week 41, 2022<\/a><\/p>\n As you can see in the above graph, the current long spell of fear first started way back in mid-Nov of last year as the bull run died down.<\/p>\n Since then, outside of only a few spikes to greed, the crypto fear and greed index has stayed below a value of fifty.<\/p>\n During this period, the metric has actually spent a large amount of time in the extreme fear territory, meaning investors have had a deep bottom mentality in 2022.<\/p>\n The latest value of the indicator has been 22, meaning that investors are extremely fearful at the moment. This isn\u2019t much different from the last week, which observed a value of 24.<\/p>\n The below meter displays where the current market stands compared to last week and last month.<\/p>\n\n The fear and greed index points at extreme fear right now | Source: Arcane Research’s The Weekly Update – Week 41, 2022<\/a> At the time of writing, Bitcoin\u2019s price<\/a> floats around $19.2k, up 1% in the last seven days. Over the past month, the crypto has lost 1% in value.<\/p>\n Below is a chart that shows the trend in the price of the coin during the last five days.<\/p>\n\n Looks like the value of the crypto has continued to be stuck in a range over the last few days | Source: BTCUSD on TradingView<\/a> <\/p>\n Data shows 2022 has been the year of fear in the crypto market as investors have continued to display poor sentiment for around eleven months now.<\/p>\n Crypto Fear And Greed Index Currently Sits In \u201cExtreme Fear\u201d Territory<\/p>\n As per the latest weekly report from Arcane Research<\/a>, the cryptocurrency market could soon complete one full year of fearful sentiment.<\/p>\n The relevant indicator here is the \u201cfear and greed index<\/a>,\u201d which tells us about the general sentiment among investors in the crypto market.<\/p>\n The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values greater than fifty imply a greedy mood, while those below the threshold suggest a fearful air.<\/p>\n Outside of these two sentiments, there also exist two subset sentiments, the \u201cextreme fear\u201d and the \u201cextreme greed<\/a>.\u201d These occur at values towards the ends of the range. That is, those above 75 for the former, and those below 25 for the latter.<\/p>\n Now, here is a chart that shows the trend in the crypto fear and greed index over the past year:<\/p>\n The value of the metric seems to have been moving sideways during recent weeks | Source: Arcane Research’s The Weekly Update – Week 41, 2022<\/a><\/p>\n As you can see in the above graph, the current long spell of fear first started way back in mid-Nov of last year as the bull run died down.<\/p>\n Since then, outside of only a few spikes to greed, the crypto fear and greed index has stayed below a value of fifty.<\/p>\n During this period, the metric has actually spent a large amount of time in the extreme fear territory, meaning investors have had a deep bottom mentality in 2022.<\/p>\n The latest value of the indicator has been 22, meaning that investors are extremely fearful at the moment. This isn\u2019t much different from the last week, which observed a value of 24.<\/p>\n The below meter displays where the current market stands compared to last week and last month.<\/p>\n The fear and greed index points at extreme fear right now | Source: Arcane Research’s The Weekly Update – Week 41, 2022<\/a>
\nBTC Price<\/p>\n
\nFeatured image from Hans-Jurgen Mager on Unsplash.com, charts from TradingView.com, Arcane Research<\/p>","protected":false},"excerpt":{"rendered":"
\nBTC Price<\/p>\n