Uphold Support +1 (805) 521-4320 Number

Uphold Support +1 (805) 521-4320 Number
Warning: as of the end of the third quarter, on September 30, 2021, the “Bitcoin Fear & Greed Index” was signaling “extreme fear.”

Relax. It could be a good thing.

WHAT: Alternative.me, a software platform that aggregates BTC sentiment from a variety of online sources, provides a multi-factor fear/greed benchmark with 100 out of 100 equaling the most extreme level of greed and zero out of 100 equaling the most extreme level of fear. It hit 20/100.

MEANING: In the rubric of the metric, extreme fear equates with considerable uncertainty in the market, Blockchain News said.

WHY: Thank global regulatory crackdowns and the looming threat of U.S. government-shutdown/default-bred turmoil possibly to come, and large month-end sell orders that’ll trigger if BTC sinks below $40,000.

WHY YOU SHOULD CARE: Just in time for the start of the Halloween season, here are some very scary times, which can double as opportune times.

Nevertheless, caution is advised.

Analyst Lark Davis says, “still have my buy orders for Bitcoin $38,000 just in case.”

Fear Growing Since Mid-September

Ten days ago, the F&G index, first began flashing that the crypto market was breaking spooked, turning in a score of 27 out of 100.

That 27/100 score followed BTC’s 10.4% decline to $43,313 a level to which, early on Sept. 30, the largest crypto had retested, and as the F&G sank lower still.

Buying into fear, leaning into panic –that’s a time-honored technique but watch out.

Between Sept. 20 and Sept. 23, as the fear spread, the F&G index fell, and BTC was making lowers lows, of $46,800, and then $42,500 and then yikes $39,600, prompting consternation, near capitulation and yet this from AMBCrypto: “Looking at the state of the aforementioned metrics associated with the options market, it can be said that nothing much has changed structurally for Bitcoin. It is still in a pretty good position to rally higher in the foreseeable future. Consequentially, when that happens, fear would gradually fade away from the broader market.”

As of today, that has not happened, fear has escalated, and yet give it time; BTC at noon (EST) was up 4% over 24 hours, above $43,000.

Queremos informarte que la plataforma se someterá a un mantenimiento de rutina el 25 de septiembre a las 09:00 AM UTC | 02:00 AM PST | 05:00 AM EST.

Esperamos que nuestros servicios no estén disponibles durante un máximo de 3 horas, por lo cual no podrás iniciar sesión ni acceder a ninguna funcionalidad durante este período. Del mismo modo, no utilices la Tarjeta Uphold durante este tiempo, porque las transacciones serán rechazadas.

Las actualizaciones se publicarán en status.uphold.com

¿Con qué propósito se realiza este mantenimiento programado?

Estamos realizando una actualización de rutina del sistema que pronto nos permitirá lanzar algunas nuevas y emocionantes funcionalidades.

¿Funcionarán mis órdenes límite durante el mantenimiento programado?

No, no funcionarán.

Agradecemos tu comprensión.

Se trata de ofrecerte un Uphold mejor y más rápido, con funcionalidades mucho más completas.

Equipo de Uphold

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Pub: 22 Nov 2022 07:48 UTC
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