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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$64,319.99
+1.04%
24h Volume

$9,224,154,444.89

24h H/L

$64,588.00 / $63,184.21

Change: $1,403.79 (2.22%)

Long/Short
63.4%
Long: 63.4%Short: 36.5%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,331.83

0.05%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$66,298.88
Resistance 1$64,719.07
Price$64,331.83
Support 1$64,259.38
Support 2$62,277.65
Support 3$59,130.91
Pivot (PP):$64,273.33
Trend:Downtrend
RSI (14):40.8
CS
Cointelegraph Staff
(10:16 AM UTC)
1 min read
EW
Approved byEmily Watson
1156 views
0 comments

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.

Analysis: Crypto Fear & Greed Index…

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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Source

Cointelegraph Staff · Cointelegraph

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