The current Fear & Greed Index is only 13 (Extreme Fear), and some sources have even updated it down to 9 today. This level of fear is equivalent to two recent major crises: the FTX collapse (2022) and COVID-19 (2020)!
• Index hit Extreme Fear bottom
• BTC price is hovering around ~$68K
• Historically, when Fear & Greed drops to a single digit: the community often panic sells → but afterwards, it usually leads to a strong rally (for example: after COVID +700%, after FTX +300% in 12 months)
Currently: small fish are panicking (the search keyword "Bitcoin to zero" has skyrocketed), but large organizations are still accumulating through ETFs, LTH.
For me, when people are most afraid, it is often the best opportunity to buy the dip. What do you think?
Remember to optimize your assets with PoolX, Launchpool of major exchanges!
*Investing is a long-distance race, not a sprint, so guys balance your assets.
