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Bitcoin (BTC) Sentiment Gauge Rises to 29, Remains in Fear

The index draws on market, social media and search indicators; Alternative.me says its survey component is paused.

Updated 1 min read
A conceptual gauge shows Bitcoin sentiment near the lower end of its scale. / TokenPost.ai (macro)
A conceptual gauge shows Bitcoin sentiment near the lower end of its scale. / TokenPost.ai (macro)

The index rose four points from EconoTimes’ Nov. 7 reading to 29, while Alternative.me kept Bitcoin (BTC) sentiment in Fear on its scale from zero to 100.

Alternative.me assigns 25% each to volatility and a measure combining market momentum with trading volume. Social media activity and the paused survey category carry 15% apiece; Bitcoin dominance and search trends each carry 10%.

EconoTimes’ Nov. 7 reading reported a score of 25, classified as extreme fear after two consecutive daily declines.

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