{"id":15205,"date":"2025-01-17T11:00:32","date_gmt":"2025-01-17T11:00:32","guid":{"rendered":"https:\/\/cryptd.in\/en\/crypto-fear-and-greed-index-barrels-toward-extreme-greed-again-as-bitcoin-price-clears-101000-is-this-good-news\/"},"modified":"2025-01-17T11:00:32","modified_gmt":"2025-01-17T11:00:32","slug":"crypto-fear-and-greed-index-barrels-toward-extreme-greed-again-as-bitcoin-price-clears-101000-is-this-good-news","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/crypto-fear-and-greed-index-barrels-toward-extreme-greed-again-as-bitcoin-price-clears-101000-is-this-good-news\/","title":{"rendered":"Crypto Fear And Greed Index Barrels Toward Extreme Greed Again As Bitcoin Price Clears $101,000, Is This Good News?"},"content":{"rendered":"<p>The Bitcoin price has once again pushed above the $100,000 level after three consecutive days of price increases. Particularly, Bitcoin\u2019s return above $100,000 comes on the back of a 12.5% increase after it bounced off the $90,000 support level on Monday, January 13.\u00a0<\/p>\n<p>As expected, this positive momentum with Bitcoin has flowed into other cryptocurrencies. Major altcoins have mirrored Bitcoin\u2019s surge, contributing to a notable increase in the overall cryptocurrency market capitalization A byproduct of this crypto market cap increase has been a simultaneous movement in the Crypto Fear and Greed Index, which is now <a href=\"https:\/\/bitcoinist.com\/bitcoin-extreme-greed-returns-btc-reclaims-990000\/\" rel=\"nofollow\">moving to the Extreme Greed threshold<\/a>.<\/p>\n<h2>Fear And Greed Index Moves To Extreme Greed<\/h2>\n<p>Na str\u00e1nk\u00e1ch <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" rel=\"nofollow\">Crypto Fear And Greed Index<\/a> is a popular index that measures market sentiment on a scale of 0 to 100. The scale is classified from the lower end of extreme fear up to the higher end of extreme greed and a neutral zone in the middle. Periods of extreme fear are <a href=\"https:\/\/bitcoinist.com\/bitcoin-sentiment-cools-greed-index-sinks-amid-price-dip\/\" rel=\"nofollow\">characterized by oversold conditions<\/a> and bearish market sentiment, often presenting <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-sentiment-mid-october-reversal-signal\/\">buying opportunities. <\/a><\/p>\n<p>On the other hand, when greed dominates, it often signals <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-extreme-greed-cooldown-needed-bottom\/\">overbought conditions.<\/a> It also opens up a possibility that a correction or crash might be close, especially if there is a quick switch from neutral to extreme greed.<\/p>\n<p>The entire crypto market cap has witnessed steady inflows this week. Data from CoinMarketCap shows that the total cryptocurrency market cap began the week around $3.14 trillion. This figure has risen to $3.57 trillion at the time of writing, representing an inflow of about $430 billion in the past five days. This 13.5% jump points to increased optimism as Bitcoin and a few major altcoins are now looking to return to new highs.<\/p>\n<p>These recent inflows into the crypto market have seen the index moving from a neutral threshold at the beginning of the week to a greed threshold at the time of writing. What\u2019s particularly striking is the speed at which sentiment has shifted. As of now, the index is nearing the extreme greed threshold, a zone that suggests the market could be entering overbought territory.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-medium wp-image-677661\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Crypto-fear-and-greed-index.png?w=460&amp;resize=460%2C198\" alt=\"Crypto fear and greed index\" width=\"460\" height=\"198\" loading=\"lazy\" \/><\/p>\n<h2>Where Does The Bitcoin Price Go From Here?\n<\/h2>\n<p>The market\u2019s ability to maintain its course and maintain a sentiment of greed hinges on <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-remains-bullish\/\" rel=\"nofollow\">Bitcoin\u2019s ability to maintain a price<\/a> above $100,000, given its dominant position in the market. Should the bulls succeed in defending the $100,000 mark and establishing it as a solid support level, this could mitigate the risk of extreme greed leading to overbought conditions and a subsequent downward correction.<\/p>\n<p>A <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-may-target-145000-to-249000-under-trump-administration-report\/\">support above $100,000 <\/a>would essentially reset the Crypto Fear And Greed Index around this level. Failure to hold above $100,000 could validate the historical trend that an extreme greed sentiment usually leads to a crash.\u00a0<\/p>\n<p>At the time of writing, Bitcoin is trading at $101,420 and is up by 1.6% in the past 24 hours.<\/p>\n<p><img decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/nCHPPrHG\/\" alt=\"Bitcoin price chart from Tradingview.com\" width=\"3286\" height=\"1518\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>The Bitcoin price has once again pushed above the $100,000 level after three consecutive days of price increases. Particularly, Bitcoin\u2019s return above $100,000 comes on the back of a 12.5% increase after it bounced off the $90,000 support level on Monday, January 13.\u00a0 As expected, this positive momentum with Bitcoin has flowed into other cryptocurrencies. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Fear And Greed Index Barrels Toward Extreme Greed Again As Bitcoin Price Clears $101,000, Is This Good News? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/crypto-fear-and-greed-index-barrels-toward-extreme-greed-again-as-bitcoin-price-clears-101000-is-this-good-news\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Fear And Greed Index Barrels Toward Extreme Greed Again As Bitcoin Price Clears $101,000, Is This Good News? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin price has once again pushed above the $100,000 level after three consecutive days of price increases. Particularly, Bitcoin\u2019s return above $100,000 comes on the back of a 12.5% increase after it bounced off the $90,000 support level on Monday, January 13.\u00a0 As expected, this positive momentum with Bitcoin has flowed into other cryptocurrencies. 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