Bitcoin Poised for Breakout Amid Extreme Fear Levels
- The Crypto Fear and Greed Index indicates “extreme fear” in the market.
- Current fear levels are comparable to those during the COVID-19 crash and 2022 bottom.
- Market sentiment may remain in “extreme fear” for 50 to 160 days based on historical trends.
- Bitcoin is trading at $82,874, showing no change for the day.
- Ethereum is trading at $1,881, down 3.5% in the last 24 hours.
The Crypto Fear and Greed Index has reached “extreme fear,” a level seen during past market downturns like the COVID-19 crash. Bitcoin remains steady at $82,874, while Ethereum has decreased by 3.5% to $1,881.
Source (2.6)https://dailyhodl.com/2025/03/13/bitcoin-ready-to-rally-after-hitting-same-extreme-fear-levels-of-covid-crash-and-2022-bear-market-trader/?rand=59076
