$BTC
Is the "Extreme Fear" a Trap or a Great Opportunity?
The Fear & Greed Index just hit 9. That's really low. We haven't seen low fear since 2022 was really bad. While many people are selling their Bitcoin at $66,800 the facts tell a story.
* Historical tests show that when this index drops below 12 the 6-month returns have been huge.
* A "Short Squeeze" is building up many people think the price will go down.
Important levels:
$65,500 is holding strong.
Big Move:
Some big investors recently put $458M into Spot ETFs.
What regular people are thinking:
Selling at the point; big investors are buying because you're scared.
My View:
It's a time to buy more Bitcoin, not sell. The market is getting rid of people who can't handle the ups and downs before the second quarter rally.
Are you really scared or are you buying? Lets see who can hold on!