Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point ...

Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point ...

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to obtain assets for a lower price. However, data from Tradingview’s technicals show bitcoin is still in the “sell” range, while bitcoin market oscillators are more “neutral.” CFGI Sentiment Metric Reaches....


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