Hey STACKERS!
It's been a while since I took a look at the "Fear and Greed" Index. I just wanted to see where we are currently at in the crypto markets.
What is the "Fear and Greed Index?"
It's a website that analyze emotions and sentiments from many different sources to crunch into a simple number.
In other words, it's a rough estimate how people are feeling about cryptos at this very moment.
Check out the current charts below:
Too my surprise, we are at levels that we haven't seen since May 2018! The current "GREED Index is at 65!" 😳
Every time we see the Greed Level above 55+, we usually see a nice correction to the downside. Does this mean that this will happen, absolutely not... we can still go up from here.
So Charles, are you Bullish or Bearish?
Well, I'm currently in between both of them. We are still in a bearish market and the only time I will become truly bullish is when Bitcoin can close over $6,000+ (a huge resistance level).
In my opinion, I don't think Bitcoin has hit the bottom yet. I can see this happening in a few months but what do I know?
I'm just a crypto lover just like you guys! 🤷♂️ 😂
My best opinion is just to dollar cost average your favorite tokens every week. By doing this method, you don't have to be "emotional" in your buying habits. 😎
If you're interested in checking out the "Crypto and Fear Index"... You can visit the website here for more info.
So are you guys Bullish or Bearish? Hit the comments below!
Keep On STACKIN! 💞 Charles FuchsFor those who's interested in following my "Content" and "Daily" Posts... you can just follow me 
