Crypto Index Sees "Extreme Fear" as Bitcoin Drops Toward $65,000

BTC

BTC/USDT

$84,072.02

-0.18%

$84,072.02

-0.18%

(24s)

24h Volume

$15,174,878,620.57

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

Cointelegraph Staff

(10:16 AM UTC)

1 min read

Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows.

Key points:

The Crypto Fear & Greed Index hits "extreme fear" with its lowest score since early April.
Analysis sees "max fear" accompanying Bitcoin's drop toward $65,000.
A game of "catch-up" should ensue later, with BTC price action targeting stock market records.