Quote from: taufik123 on May 05, 2023, 03:51:51 AM

Quote from: yhiaali3 on May 05, 2023, 02:17:36 AM

Simply because there are many factors that control the market and not just F&G, the market maker always tries to use F&G to manipulate traders and direct the market in the direction he wants, but this does not always work.

F&G often succeeds in new markets when there is no complete certainty in the future of the market, as was the case with Bitcoin at the beginning of the market, but today I think that its impact has decreased very much due to the increased certainty of Bitcoin traders and their acquisition of great experience over time.

Playing F&G manipulation to make them panic. this is a common thing for Whales to do, they control the market well.
2023 is a pretty good year for Bitcoin, close to the Halving that will occur.
Although currently the price is still stuck in the $29k area but the possibility of breaking $30k is still very possible.

In the last few weeks, Greed is still in control and the F&G index is still stable at 60-65.

For the benefit of some newbie readers then you could make use of that
F & G index which it might be that common to be used when it comes to market investment but its not really that
bad to peek up on these indicators on the time you would be knowing on whats the current level of the market.

https://edition.cnn.com/markets/fear-and-greed
https://alternative.me/crypto/fear-and-greed-index/

We do know that crypto market could independently be able to move out specially on crypto and in difference between traditional markets like forex and stocks
but cant really be denied that these tools and indicators are somewhat that significant for you to check out and see on whats the current market condition
when it comes to this aspects.