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

BTC

BTC/USDT

$62,984.66

-0.05%

$62,984.66

-0.05%

(24s)

24h Volume

$2,180,006,410.31

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,072.43

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.62

Resistance 1$63,121.09

Price$63,072.43

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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.