Analysing crypto emotions with Crypto Fear Greed Index
Search Trends for Crypto Market
We’re big believers in the power of search trends to shape the future of your cryptocurrency investments.
If you’ve ever used a major search engine like Google, Yahoo!, or Bing, you know that they track and display trends of their users’ searches over time. These trends are an excellent indicator of general interest in any given topic, and we provide historical charts of search trends for each coin that we cover.
By studying these trends, you’ll be able to better anticipate market movements and make more informed investment decisions.
Crypto Talk
Crypto Talk is a BittsAnalytics tool for cryptocurrency investors that shows via API how positive or negative is the sentiment of coin in the most recent tweets about each cryptocurrency. It also shows which topics are viewed as positive or negative for each currency. We’ve listed some of the top cryptocurrencies, but you can use this tool to see sentiment and trends for your favorite coin.
Crypto Fear & Greed Index
We’re constantly on the lookout for new indicators to help us keep track of the health of the crypto market. The Crypto Fear & Greed Index is a major new addition to our suite of tools.
Our Crypto Fear & Greed Index captures overall positive and negative emotions as expressed by users on social media and provides useful insight in current mindframe of crypto market.
The Crypto Fear & Greed Index is a measure of the sentiment of crypto investors based on the overall positive and negative emotions expressed on social media. It captures fear and greed, two of the most basic human emotions, which are especially relevant to investing in crypto. The index is constructed by merging multiple sources of human opinions (from Twitter), machine learning models, and a weighting algorithm to produce a single number. The Investor Indices are based on social media opinions of traders, hedge funds and other professional investors. T
The indices are calculated using machine learning models and a weighting algorithm.
Support and resistance levels
You’re probably familiar with support and resistance levels, but if you’re not, don’t worry. We’ve got you covered. In trading, support levels are where a price is more likely to stop falling, and make a reversal back up. In contrast, resistance levels are where the price is more likely to stop rising, and fall back down. Support and resistance levels can help you position your trades for the future. A bullish trader might look for support levels to be broken through, because it signals that the stock price will rise from there, whereas a bearish trader might look for resistance levels to be broken through because it signals that the stock price will drop from there.
All of this means that if you’re looking to buy or sell a security, or really anything that trades in value, using support and resistance levels can help you time your buy/sell orders more effectively. If a security is at a support level, it’s potentially more likely going up from there!
Historical simulation
Did you ever wonder how much your current portfolio gained or lost in a specific time period? Well, you can enter your portfolio on our platform and obtain a historical simulation of your portfolio performance in the past.
