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Crypto Fear & Greed Index is down to 48, neutral, all the way from Extreme Greed last month.
#FearIndex
#FearAndGreedIndex
#FEARANDGREED
#FearNGreed
#fear&greed
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The Fear and Greed Index plummeted from Extreme Greed at 76 to 50 in just five days and is currently in the Neutral zone. ➡️ https://www.tradingdigits.io/cryptoFearAndGreed
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We're in a pretty deep pullback and it might be difficult to believe it now, but $BTC hasn't even reached the EQ line of the 2-Year MA Multiplier tool and is very far away from the top 2YMAx5 line. This tool successfully predicted the Bitcoin top every cycle since 2010 and currently it indicates that the EQ line is at $140k and the top is at $240k. If it has been spot-on every cycle so far, why would it be wrong now? ➡️ https://www.tradingdigits.io/2year-ma-multiplier
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December did not live up to its historical performance expectations, with $BTC closing the month at a return of -2.94%, far below its average December performance of 12.01%. Will January—typically a decent month with an average return of 9.29%—align with historical trends this year? ➡️ https://www.tradingdigits.io/btc-eth-returns
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JUST IN: Over $225 billion dollars were wiped out from the crypto market in the last 24 hours ➡️ https://www.tradingdigits.io/vol-mcap-heatmap
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Work at Trading Digits never stops and we keep coding new free analytics tools. In the coming weeks we'll release yet another two on-chain indicators that are useful in determining Bitcoin macro cycle bottoms and tops, Realized Price and NUPL charts. Stay tuned.
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