Market mood
Bitcoin Fear & Greed Index
History
Every day's value. The background runs from red (fear) at the bottom to green (greed) at the top, and the line takes the colour of its mood.
What the index measures
The Fear & Greed Index sums up the mood of the crypto market in a single number from 0 to 100: 0 is extreme fear, 100 extreme greed. Alternative.me publishes it once a day, and Bitcoin weighs most in it.
It combines several signals: how strongly the price swings compared with the last one and three months, how much is bought while prices rise, how much and how excitedly people write about Bitcoin on social media, Bitcoin's share of the whole crypto market (a rising share means money is moving to the safer coin) and what people search for on Google. Wild swings, falling prices and searches for selling push the index down; calm, rising prices and excitement push it up.
How to read it
The index measures emotions, not value. Markets overshoot because people act on fear and greed, so the extremes are where it says the most.
- 0–24Extreme fear
Panic. Many sell at almost any price. In the past this was often near good times to buy.
- 25–46Fear
Caution rules. Prices are usually under pressure and buyers hold back.
- 47–54Neutral
Neither fear nor greed has the upper hand.
- 55–75Greed
Optimism. Prices are usually rising and new buyers come in.
- 76–100Extreme greed
Euphoria. Many buy because prices are rising. In the past this was often a time to be careful.
Read it beside other measures, such as the Power Law zones, not as a buy or sell signal on its own: an extreme mood can last for weeks. Power Law →
In the magazine: FOMO, panic and capitulation, the typical mistakes →
Source: Alternative.me's Crypto Fear & Greed Index, a new value every day at 00:00 UTC.