Home / World / Bitcoin and Crypto Sentiment Flips to Fear – BTC, Ethereum, XRP, Litecoin, Stellar, EOS, Bitcoin Cash, Tron, Cardano Forecast

Bitcoin and Crypto Sentiment Flips to Fear – BTC, Ethereum, XRP, Litecoin, Stellar, EOS, Bitcoin Cash, Tron, Cardano Forecast



After the drama of Bitfinex and Tether, the Crypto Fear and Greed Index is now in the area of ​​fear.

The Alternative.me index, created by the developers and creators of Strawpoll.com and Thundercheck.org, analyzes market volatility, surveys and social networks to determine the current general sentiment of cryptography operators. The current 42 mark means that investors are concerned that there is a further fall in the price of Bitcoin on the horizon.

Source: Alternative.me, April 27.

The index applies the famous advice of Warren Buffet that suggests that the merchants should have "fear when others are greedy and greedy when others are afraid".

According to the site,

  • Extreme fear It can be a sign that investors are too worried. That could be a purchase opportunity
  • When investors are receiving Very greedy, that means that the market is due to a correction

Cryptographic dealers in general are reacting to news about the allegations of Bitfinex and Tether, with Bitcoinist contributor and analyst Filb Filb telling his 13,000 Twitter followers that he has moved to Fiat.

The encrypted merchant and investor Josh Rager tells his 31,000 followers on Twitter that he believes the Bitfinex situation will leave the market intact.

Cryptography analyst Willy Woo, who bought his first Bitcoin in 2013, tells his 91,000 followers on Twitter to remember how the markets recovered after the aftermath of Mt. Gox

Meanwhile, YouTube's most popular cryptographic analyst, DataDash, says it is recommended to see if Bitcoin can have more than $ 5,000.

"If we are really able to stay here for the third time, this would be pretty safe, this has been one of the most bearish news, as we will see in a moment, that we have seen in all 2019. If this is not enough to push Bitcoin beyond this range, or to push Bitcoin below $ 5,000 and Market cap [of all cryptocurrencies] below the $ 168 billion range, that will be a triple bottom, a sign of confidence for markets to move up. "

At this time, the market for cryptographic products is mixed, with Bitcoin 1.74% to $ 5,174, according to Coin360. Ethereum rose 1.25% to $ 155.61, and XRP rose 0.52% to $ 0.2950.

Source: Coin360

Technical analysts are analyzing short and long-term trends in light of the recent setback.

Bitcoin

NewsBTC – The price of bitcoin shows signs of weakness.

Currency currency – Resist resistance to the price of Bitcoin 2015

Ethereal

CryptoGlobe – The bears have to break the 50-day SMA to continue lowering the price

Captain Altcoin – The current level is in a line of critical defense.

XRP

FXStreet – The XRP / USD bears take the price below $ 0.30

NewsBTC – At spot rates, XRP is under pressure.

Litecoin

Crypto Daily – LTC / USD will have to deal with the area of ​​$ 72.16 during a higher movement

CoinClarity – The indicator shows normal recoil for Litecoin complete

Stellar, EOS, Bitcoin Cash, Tron, Cardano

NewsBTC – Possible return for Bitcoin Cash, XLM, EOS, TRX

Cointelegraph – Institutions sought: BTC, ETH, XRP, BCH, LTC, EOS, BNB, XLM, ADA, TRX

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