‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potentia...
Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining. The cryptocurrency market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee (FOMC) meeting where the Federal Reserve signaled that it intends to continue on its path of raising interest rates. According to data from Alternative.me, the Fear and Greed Index seeing its longest run of extreme fear since the market crash in Mach 2020.Crypto Fear & Greed Index.....
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Binance founder Changpeng Zhao’s blunt reminder about buying low and selling high landed at a tense time for crypto traders. His line — “Sell when there is maximum greed, and buy when there is maximum fear” — was posted as markets showed fresh signs of strain and debate over whether now is a buying moment or another stall. Related Reading: Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice CZ’s Message Meets Extreme Fear According to the Crypto Fear & Greed Index, sentiment recently climbed to 20, moving out of “Extreme Fear” after a streak of low readings. The....
Bitcoin sentiment has now begun to move into the positive. The crypto market has recently been in one of its longest stretches in extreme fear recently. Now it seems there is light at the end of the tunnel as the market pulls itself out of extreme fear. This is in line with the recent price […]
A popular BTC price metric points to “extreme fear” in the market, but contrarian investors say multiple on-chain metrics suggest Bitcoin is in buy territory. Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows.Fear & Greed Index. Source: Alternative.meDuring high volatility and sell-offs, it's difficult to take a contrarian view and traders might consider putting some distance from all the noise and negative....
Quick Facts: ➡️ Global markets plunged, erasing $2.7T from the S&P 500 and triggering over $1B in crypto liquidations. ➡️ Sentiment flipped to ‘extreme fear,’ with credit spreads widening and rate-cut odds sharply repriced. ➡️ Bitcoin dominance rose as altcoin liquidity and stablecoin flows dried up, signaling a defensive shift. ➡️The best crypto presales like […]
While many analysts believe Bitcoin is destined for six-figures if support at $40,000 can hold up, others are predicting an imminent bear cycle. The price of Bitcoin has slumped below $40,000 for the first time in six weeks.The slide took place near the close of the day on Sept. 21, with BTC prices having drawn down by 16% from nearly $47,300 at the start of the day, to tag a local low of $39,650 at roughly 9pm UTC. The move marked a 25% retracement from BTC’s local highs above $50,000 on Sept. 7.However, the pullback comes after Bitcoin gained more than 80% since hitting $29,300 on July....