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Binance Academy
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The psychology of market cycles
What is market psychology?
Market psychology is the idea that a market's movements reflect (or are influenced by) the emotional state of its participants. This is one of the main themes of behavioral economics, a multidisciplinary field that studies the different factors that precede economic decisions.
Many people believe that emotions are the main driver of fluctuations in financial markets. And that the overall fluctuating sentiment of investors is what we call psychological market cycles.
Market psychology is the idea that a market's movements reflect (or are influenced by) the emotional state of its participants. This is one of the main themes of behavioral economics, a multidisciplinary field that studies the different factors that precede economic decisions.
Many people believe that emotions are the main driver of fluctuations in financial markets. And that the overall fluctuating sentiment of investors is what we call psychological market cycles.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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