{"id":10665,"date":"2024-02-13T16:39:28","date_gmt":"2024-02-13T14:39:28","guid":{"rendered":"https:\/\/forklog.com\/en\/fear-and-greed-index-reaches-november-2021-levels\/"},"modified":"2024-02-13T16:39:28","modified_gmt":"2024-02-13T14:39:28","slug":"fear-and-greed-index-reaches-november-2021-levels","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fear-and-greed-index-reaches-november-2021-levels\/","title":{"rendered":"Fear and Greed Index Reaches November 2021 Levels"},"content":{"rendered":"<p>Amid Bitcoin&#8217;s rise to $50,000, the cryptocurrency fear and greed index <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">reached a level of 79<\/a>, marking its highest point since late autumn 2021.<\/p>\n<p><!--more--><\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/index-5.webp\" alt=\"index-5\" class=\"wp-image-225971\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>The chart shows that for several years, the metric remained below 70. Market sentiment began to noticeably improve last autumn, as the market recovered and entered a bullish phase.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"469\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-714-1024x469.png\" alt=\"2-714\" class=\"wp-image-225972\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2-714-1024x469.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2-714-300x138.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/2-714-768x352.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/2-714.png 1119w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the leading cryptocurrency is trading at around $49,900. Over the past 24 hours, digital gold has appreciated by 4.1%. Bitcoin&#8217;s market capitalization is approaching the $1 trillion mark, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>. <\/p>\n<p>MN Trading founder Micha\u00ebl van de Poppe suggested that the nearest significant price support is around $46,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">As you can see, we&#8217;re getting at the highs of my scenarios for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>.<\/p>\n<p>That&#8217;s fine, trading is about scenarios and sometimes your analysis can be great, but the markets decide another way.<\/p>\n<p>However, if $46K holds, I suggest we&#8217;re seeing $53-57K pre-halving. <a href=\"https:\/\/t.co\/74Gglbf92U\">pic.twitter.com\/74Gglbf92U<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1757388652982980914?ref_src=twsrc%5Etfw\">February 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>If this level holds, &#8220;we will see a range of $53,000-57,000 before the halving.&#8221; <\/p>\n<p>Earlier, trader Rekt Capital concluded that Bitcoin has entered a rally phase ahead of the block reward halving. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid Bitcoin&#8217;s rise to $50,000, the cryptocurrency fear and greed index reached a level of 79, marking its highest point since late autumn 2021.<\/p>\n","protected":false},"author":1,"featured_media":10664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1384],"class_list":["post-10665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-fear-index"],"aioseo_notices":[],"amp_enabled":true,"views":"73","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=10665"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/10664"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=10665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=10665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=10665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}