Bitcoin je sada u svom najdužem periodu 'ekstremnog straha'

bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor.

Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered.

70 dana "ekstremnog straha"

Dok je sentiment kripto tržišta već bio “uporedivo sa sahranom” before the start of 2022, the subsequent price drawdown in Bitcoin and altcoins produced cold feet like never before.

Ovo je sada bilo kvantificirano by the Crypto Fear & Greed Index, a tool that takes multiple sources into account to create an overall score of how the markets are feeling. 

As of July 15, Fear & Greed has spent 70 days in its lowest bracket — “extreme fear” — marking of a new bearish record.

The Index consists of five such brackets, with the others being “fear,” “neutral,” “greed” and “extreme greed.”

A score below 25/100 on its normalized scare corresponds to “extreme greed,” and it is that score zone that has characterized the past two months. The last time that tržište je bilo optimističnije than “extreme fear” was on May 5 — days before the Terra (LUNA) — now called Classic Earth (LUNC) — debakl.

Commenting on the data, Philip Swift, creator of on-chain analytics platform LookIntoBitcoin, noted that this “extreme fear” period is longer than even those surrounding the 2018 Bitcoin bear market and March 2020 cross-market crash.

Fear & Greed Index: we have now had the longest ever period of Extreme Fear…70days!!!

Grafikon uživo: https://t.co/Jr5151zN7I

Potencijal za kratkoročni preokret za #Bitcoin uskoro? pic.twitter.com/thyUtLeRP9

- Philip Swift (@PositiveCrypto) Juli 15, 2022

2022, despite its bearish overtones, has nonetheless not been without its exuberant phases. The last time that the Index was in its “greed” or “extreme greed” zone — which tends to suggest an overheated market — was in March this year.

Istraživačke oči "znak potencijalnog izbijanja"

Looking to what could aid Bitcoin and altcoins’ recovery, research firm Santiment, meanwhile, believes that crypto correlation to traditional assets must come down.

Povezano: Bitkoin kitovi i dalje 'hiberniraju' jer se cijena BTC-a približava 21 hiljada dolara

While already dropping, BTC must continue to strike out on its own and avoid the knee-jerk reaction to central bank monetary tightening over inflation.

„Kripto raste najbržim tempom kada ima vrlo malu korelaciju sa dionicama,“ tvrde u objavi na Twitteru 14. jula.

“After yesterday’s CPI report, $BTC & alts have been recovering while the SP500 & Gold drop. If they stay uncorrelated, it’s a good sign of a potential breakout.”

A more striking inverse correlation to eye has been between crypto and the U.S. dollar, currently near twenty-year highs against a basket of trading partner currencies.

Indeks američkog dolara (DXY) nastavlja da se trguje na oko 108 nakon toga pogađanje više vrhova tokom cijele sedmice podaci TradingView-a emisije.

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