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Bitcoin Sentiment Shifts to ‘Fear’

As Bitcoin bears drag the leading cryptocurrency below $11,000, the overall sentiment on BTC is now in the fear zone, according to a popular index from Alternative.me.


The Fear & Greed index analyzes market volatility, social media and surveys to measure the sentiment among crypto traders.


On Saturday the index registered 59, indicating greed, as Bitcoin traded sideways between $11,381 and $11,440. It currently registers at 45, a sign that investors are worried the price may drop further.


Read More at The Daily Hodl

#FUD #BTC #Bearish