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

BTC

BTC/USDT

$79,615.81

-1.76%

$79,615.81

-1.76%

(24s)

24h Volume

$17,252,720,462.97

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

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.