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via BeInCrypto · By BeInCrypto Editorial
Bitcoin Fear Hit Levels Last Seen at $3,000 and $18,000 Price Points
BTC
BTC/USDT
$79,749.64
+0.26%
$79,749.64
+0.26%
(24s)24h Volume
$11,751,489,230.41
24h H/L
$79,877.07 / $78,660.00
Change: $1,217.07 (1.55%)
Long/Short
52.8%
Long: 52.8%Short: 47.2%
Funding Rate
-0.0012%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(08:30 PM UTC)
1 min read
Bitcoin (BTC) slid near $62,500 as the Crypto Fear and Greed Index hit 10. Bitcoin fear this extreme has appeared only near past cycle bottoms.
The index sat at 8 a day earlier and at 47 a month ago. Two widely followed momentum charts show why the drop happened and what could signal a turn.
Momentum Broke First, Then Price Followed
A Glassnode chart shared by analyst BitcoinVector tracks Bitcoin…
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