Good evening. Bitcoin had essentially been trading from about $37.5-38.2K USD/BTC range over the last 24 hours. As I write the price, reflects a little dip over the last couple of hours, and sits at $36,999 USD/BTC. And, at 8:00 PM New York City time on Sunday, January 30'th, the infamous Twitter account Bitcoin Fear and Greed Index @BitcoinFear posted that the index score was 20, which is a drop of 9 points from 24 hours ago. When the index was posted tonight, the BTC price was $37,680 USD/BTC. One day ago when the index score of 29 was posted the price was $38,073 USD/BTC. Some other smart PublishOxer's pointed out there was a massive head and shoulders forming yesterday around this time - perhaps the expected drop has begun, or hopefully has been accounted for with the drop. Hang on Bitcoin.
Below is a 1-year chart of the Fear and Greed Index values. On the horizontal x-axis is the date back 1-year prior. On the y-axis are the Fear and Greed Index values for those dates.
Thanks for coming by. Let's Bitcoin keeps trending upwards. Until next time, may all your days be green.