Bitcoin Dominates Market as Panic Index Reaches New Heights

BTC

BTC/USDT

$84,760.00

+0.63%

$84,760.00

+0.63%

(24s)

24h Volume

$23,313,433,364.79

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short

57.8%

Long: 57.8%Short: 42.2%

Funding Rate

+0.0000%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,004.00

▼ -0.47%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$87,469.44

Resistance 1$85,055.21

Price$84,004.00

Support 1$82,838.89

Support 2$80,352.95

Support 3$76,116.38

Pivot (PP):$85,058.72

Trend:Uptrend

RSI (14):64.1

According to COINOTAG news on September 17, recent alternative data highlights a significant shift in the cryptocurrency market. The crypto panic and greed index has dropped to 33 today from 39 yesterday, indicating a rise in market panic. This crucial index, which ranges from 0 to 100, measures market sentiment through various indicators, including volatility (25%), market trading volume (25%), social media activity (15%), market research (15%), Bitcoin’s market dominance (10%), and Google trend analysis (10%). The decline in the index is a clear sign of intensified market fear and caution among investors.