{"id":13579,"date":"2022-11-29T10:45:14","date_gmt":"2022-11-29T10:45:14","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2022\/11\/29\/bitcoin-price-prediction-as-fear-and-greed-index-improves\/"},"modified":"2022-11-29T10:45:14","modified_gmt":"2022-11-29T10:45:14","slug":"bitcoin-price-prediction-as-fear-and-greed-index-improves","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2022\/11\/29\/bitcoin-price-prediction-as-fear-and-greed-index-improves\/","title":{"rendered":"Bitcoin price prediction as fear and greed index improves"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1667410189033-d6981c9c-9bae-40be-bedb-761f7c22f2df-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1667410189033-d6981c9c-9bae-40be-bedb-761f7c22f2df-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1667410189033-d6981c9c-9bae-40be-bedb-761f7c22f2df-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1667410189033-d6981c9c-9bae-40be-bedb-761f7c22f2df-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1667410189033-d6981c9c-9bae-40be-bedb-761f7c22f2df.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">BTC has been in a consolidation section previously few days.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Bitcoin\u2019s fear and greed index has moved to the fear stage.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The broad fear index by CNN Money continues to be within the greed zone.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Bitcoin price remained below intense strain as considerations concerning the crypto business continued. It was buying and selling at $16,516 on Tuesday, the place it has been previously few days. This price is a number of factors above this month\u2019s low of $15,733. The BTC\/GBP and BTC\/EUR have additionally been consolidation section as properly.<\/p>\n<h2 dir=\"ltr\">FTX and Alameda contagion continues<\/h2>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/bitcoin\"><u>Bitcoin<\/u><\/a> and different cryptocurrencies have been on edge following the collapse of FTX. At its peak, the corporate was the second largest\u00a0<a href=\"https:\/\/coinjournal.net\/compare\/best-cryptocurrency-exchanges\/\"><u>cryptocurrency exchange<\/u><\/a><strong>\u00a0<\/strong>on the planet after Binance. It was additionally seen as a savior of the blockchain business as the founder made important investments in a struggling firm.<\/p>\n<p dir=\"ltr\">The contagion within the business has continued. On Monday, BlockFi, a struggling crypto lender, filed for chapter after the collapse of FTX. FTX had reached a definitive settlement to amass the corporate, as we wrote on this\u00a0<a href=\"https:\/\/coinjournal.net\/news\/ftx-has-an-option-to-acquire-blockfi-for-240m-says-blockfis-ceo\/\"><u>report<\/u><\/a>.<\/p>\n<p dir=\"ltr\">Other corporations are struggling as properly. For instance, over 150 companies have utilized for financing from a fund created by Binance and different massive gamers. At the identical time, Digital Currency Group (DCG) has employed restructuring consultants as its portfolio corporations come below strain.<\/p>\n<h2 dir=\"ltr\">Crypto fear and greed index improves<\/h2>\n<p dir=\"ltr\">Bitcoin price has been in a good vary as the cryptocurrency fear and greed index improves. According to AlternativeMe, the fear and greed index was on the fear stage of 26 on Tuesday, which was increased than final week\u2019s excessive fear of twenty-two.\u00a0<\/p>\n<p dir=\"ltr\">The fear and greed index is a crucial gauge within the crypto business because it measures the general sentiment of the coin. It seems at key information like Google Trends, market dominance, and social media exercise.<\/p>\n<p dir=\"ltr\">On the opposite hand, the broader CNN Money fear and greed index remained on the greed stage of 59. Key numbers like inventory price energy, inventory price breadth, and put and name choices are on the greed stage. Bitcoin tends to do properly in durations of sustained greed.<\/p>\n<h2 dir=\"ltr\">Bitcoin price forecast<\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/10\/29\/1669718209295-fdeada56-32b6-455b-946e-00dfd73b8379.png\" style=\"width: 620px;height: 307.933px\" class=\"fr-fic fr-dib\" width=\"620\" height=\"307.933\"\/><\/p>\n<p dir=\"ltr\">\u00a0 \u00a0 \u00a0 \u00a0 <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=COINBASE\"><u>Bitcoin chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">The every day chart reveals that the BTC price has been below intense strain previously few months. It stays barely beneath the necessary assist stage at $17,606, which was the bottom stage in June. The coin has additionally moved beneath all shifting averages. It has additionally fashioned what seems like a bearish pennant sample.<\/p>\n<p dir=\"ltr\">Therefore, the coin will seemingly have a bearish breakout as sellers goal the following key assist at $15,000. A drop beneath that assist implies that the coin has increased likelihood of falling to $10,000.<\/p>\n<h2 dir=\"ltr\">How to purchase Bitcoin<\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a variety of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and copy or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTUzNTE&amp;component=simple-table&amp;language=en&amp;country=US&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy BTC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a number one cryptocurrency trade which gives buying and selling in fiat currencies or standard cryptocurrencies.<\/p>\n<p>Bitstamp is a totally regulated firm which gives customers an intuitive interface, a excessive diploma of safety to your digital property, wonderful buyer assist and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTUzNTE&amp;component=simple-table&amp;language=en&amp;country=US&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy BTC with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-prediction-as-fear-and-greed-index-improves\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BTC has been in a consolidation section previously few days. Bitcoin\u2019s fear and greed index has moved to the fear stage. The broad fear index by CNN Money continues to be within the greed zone. Bitcoin price remained below intense strain as considerations concerning the crypto business continued. It was buying and selling at $16,516 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[20,263,2020,5271,1517,111,110],"class_list":{"0":"post-13579","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-bitcoin","9":"tag-fear","10":"tag-greed","11":"tag-improves","12":"tag-index","13":"tag-prediction","14":"tag-price"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/13579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=13579"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/13579\/revisions"}],"predecessor-version":[{"id":13580,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/13579\/revisions\/13580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/12007"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=13579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=13579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=13579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}