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Greed & Fear Indicator and Bitcoin’s Market SentimentRecently, this Greed & Fear indicator (created by 10x Research), helping identify periods of market exuberance or potential buying opportunities when fear dominates, has reached levels where rebounds typically occur. However, 2024 has seen more fear signals than greed, which suggests that Bitcoin might have transitioned from a bull market to a..

The ISM Manufacturing PMI inched up to 47.2 in August 2024, from a low of 46.8 in November 2023, but fell short of market expectations of 47.5. This marks the 21st contraction in U.S. factory activity over the past 22 months, continuing the sluggish performance in the manufacturing sector. The report highlights the ongoing impact of the Federal Reserve's elevated interest rates on the industry. ..

Since March 2024, 10x Research has adopted a more cautious view of the cryptocurrency market, acknowledging that Bitcoin appears to have entered a bear market based on technical analysis and market fundamentals. Despite some short-term rebounds, the overall market structure is weakening, and recent data suggests a critical tipping point could occur in September due to declining demand. The stock..

DefinitionThe ISM Manufacturing PMI is a monthly indicator of U.S. economic activity derived from a survey of purchasing managers at over 300 manufacturing firms. Released on the first business day of each month at 10:00 a.m. EST, the ISM Manufacturing Report on Business provides crucial insights into the manufacturing sector.     Typically, a rising index suggests a bullish stock market due to ..

Thank you,  next?:  Possible explanations regarding the recent rise to the $63K level:US Election During the 2024 US presidential debate on June 27, Biden had moments of stammering and appeared lost. In contrast, Trump appeared confident and strong. Biden's camp later revealed that he had a cold during the debate, possibly using this as an excuse to explain his weak performance, which raised con..