Bitcoin Market Sentiment - May 16, 2024: Extreme Greed (119/100)
Bitcoin Fear & Greed Index was 119 (Extreme Greed) on May 16, 2024, based on 68 sources.
Fear & Greed Index
119
Extreme Greed
Based on analysis of 68 sources
Daily Sentiment Analysis
Markets displayed extreme greed with a score of 119/100. Strong bullish sentiment was detected across 68 sources with 50 positive signals.
The Bitcoin Fear & Greed Index measures investor sentiment on a scale of 0-100, where 0 represents extreme fear and 100 represents extreme greed. On May 16, 2024, the market sentiment was classified as Extreme Greed.
Source Breakdown
50
Positive Signals
15
Neutral Signals
3
Negative Signals