I've never seen the Fear and Greed Index this low on Bitcoin...

in bitcoin •  2 years ago 

The Fear and Greed Index is flashing a 6....

I've been around bitcoin and crypto a long time now and I've seen a lot of crashes...

But, I've never seen sentiment get as bad as it is right now...

image.png

(Source:

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This is the lowest reading I have ever seen.

My guess is we continue to go lower, but we are likely at least getting close to the bottom.

Funds are being liquidated right now and they will eventually run out of things to sell, at that point bitcoin will stabilize...

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2 years ago by
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      ·  2 years ago  ·  

    I believe it is a Global feeling, things are going very bad, Crypto's bad run is the result of the fact that right now the future looks bleak, everyone, regardless of what they do is feeling the heat, things are bad, and it looks like they will remain bad for quite a while. Of course you have to try to work out of it, but it is difficult.

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