Hello Ox'ers. Bitcoin continued to be relatively volatile but appears to be holding support above the $40K USD/BTC. The Bitcoin Fear and Greed Index did not change from yesterday's level, and tonight, at 8:00 PM New York City time on Tuesday, January 18th, the infamous Twitter account Bitcoin Fear and Greed Index @BitcoinFear posted that the index score was 24. That is a zero-sum change from the same time 24 hours ago and an increase of 2 points from about 48 hours ago. The index remains at the level of "extreme fear" since the same time yesterday. Since 24 hours ago, the price has changed from $42,268 USD/BTC (at the time index = 24 was posted yesterday) to today's price when the index = 24 was published of $42,487 USD/BTC.
Below, is a 3-month chart for the values of the index:
Let's hope that BTC continues to hold and shows some strength as the Northern Hemisphere of the globe grows closer to spring, the sun starts to shine more, and people feel better in the coming weeks and months. Hope this post finds you in good spirits!