Should you buy Bitcoin right now?

Real-time market sentiment analysis based on historical data and AI logic

BUY

Market Sentiment Indicator

Analyst Verdict

Summary: The metrics indicate that Bitcoin is currently undervalued and market sentiment is extremely fearful, suggesting a potential buying opportunity.

Market Sentiment: The Fear & Greed Index at 17 shows extreme fear, often associated with potential bottoms.
Valuation: A Mayer Multiple of 0.75 suggests Bitcoin is trading below its historical average valuation, indicating undervaluation.
MVRV Z-Score: At 0.78, the MVRV Z-score suggests the market is not overly overheated and may be ripe for accumulation.

Conclusion: Given the current undervaluation and extreme fear, it is advisable to consider buying Bitcoin now, as historical data shows prices often rebound from such levels.

Possible recommendations:

BUY•HOLD•SELL

Market Indicators

Fear & Greed Index

Extreme Fear

Measures market emotion on a scale of 0-100

Mayer Multiple

0.75

Strong Buy

Ratio of price to 200-day moving average

MVRV Z-Score

0.78

Strong Buy

Standardized measure of market value vs realized value

Understanding the Metrics

Think of this as the market's mood ring. When investors are scared (Fear), prices are usually low—a good time to buy. When they are excited (Greed), prices are high—a good time to be cautious. The index combines volatility, market momentum, social media sentiment, surveys, dominance, and trends to measure market emotion on a scale of 0-100.

We compare the current price to the average price of the last 200 days. If the number is below 1.0, Bitcoin is trading 'on sale' compared to its recent trend. Created by Trace Mayer, this ratio helps identify if Bitcoin is overvalued or undervalued relative to its long-term trend. Values below 0.8 historically indicate strong buying opportunities.

This checks if Bitcoin is overvalued or undervalued relative to its 'fair value'. High scores mean a market top (sell); low scores mean a market bottom (buy). MVRV Z-Score is a standardized statistical measure that shows how many standard deviations the MVRV (Market Value to Realized Value) ratio is from its historical mean. It helps identify extreme market conditions.

Frequently Asked Questions

How often is this data updated?

Indicator data is updated every 10 minutes. The Analyst verdict is cached for 2 hours to provide consistent analysis.

Is this financial advice?

No. This website provides informational and educational content only. Always do your own research (DYOR) before making investment decisions.

Why do these 3 indicators matter?

These indicators combine sentiment (Fear & Greed), price trends (Mayer Multiple), and market valuation (MVRV Z-Score) to provide a comprehensive view of Bitcoin's market position.

Where does the data come from?

Data is sourced from Alternative.me (Fear & Greed), CoinGecko (Mayer Multiple), and real-time web sources via AI (MVRV Z-Score).