The crypto market is NOT pure mathematics!
bitcoin·@achim86·
0.000 HBDThe crypto market is NOT pure mathematics!
The market is psychology and mathematics. Thepsychology is responsible for overshooting and extreme price movements. <center><h1>What is Fear and Greed Index?</h1></center> <center><img src="https://alternative.me/crypto/fear-and-greed-index.png" alt="Latest Crypto Fear & Greed Index" /></center> The bitcoin Fear and Greed Index is an indicator that measures the emotions of investors in the crypto market. The index can fluctuate between 0 and 100 and is displayed graphically like a speedometer. Zero means "Extreme Fear", while 100 means "Extreme Greed". The factors including in the index are: <h4>1. Volatility (25 %)</h4> <h4>2. Market Volume (25%)</h4> <h4>3. Social Media (15%)</h4> <h4>4. Surveys (15%)</h4> <h4>5. Dominance (10%)</h4> <h4>6. Trends (10%)</h4>  #source: https://alternative.me  #source:https://coinmarketcap.com/ <p>This can be clearly seen in the two pictures. For example in Julie 2019 the Bitcoin price has reached its highest value at 13.404 USD and Crypto Fear & Greed Index was almost 95, whereas in March Bitcoin has its lowest price at 5.900 USD and the Crypto Fear & Greed Index is now 12.</p> ------------------------------------------------------------------------------------------------------------------------------------------------------------- <center><h4>If you like this post please rehive it upvoted it</h4></center> ------------------------------------------------------------------------------------------------------------------------------------------------------------ <center><h4>The Steem community is moving! Join us on https://hive.blog <img src="https://s19.directupload.net/images/200320/temp/m8fukzk8.png" border="1" title="Kostenlos Bilder und Fotos hochladen"> </h4></center>