via BeInCrypto · By BeInCrypto Editorial
Bitcoin Fear Hit Levels Last Seen at $3,000 and $18,000 Price Points
BTC/USDT
$9,528,722,757.36
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
+0.0048%
Longs pay
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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