Bitcoin Market Fear Spikes: Price Analysis of Dip & Liquidations

• Bitcoin dropped to the $82,000 price level resulting in $769.61 million in liquidations.
• Robert Kiyosaki remains bullish on Bitcoin, stating that he continues to buy the dip. 
• If Bitcoin holds above $85,000, a retest of $94,877 is very likely in the near future.

Top digital asset Bitcoin (BTC) fell to the $82,000 price level yesterday, but buyers jumped in, stopping the cryptocurrency from going under $80,000. 

Right now, BTC is trading at $85,747.56, a decrease of more than 3% since yesterday, CoinMarketCap data shows. This negative feeling was made stronger by the Fear and Greed Index falling to 10.

Extreme Fear Grips Bitcoin Market

Based on data from alternative.me, the Bitcoin Fear and Greed Index dropping to 10 signals “extreme fear” among investors. 

Interestingly, this level of fear is not as high as during the FTX collapse in November 2022, when Bitcoin traded under $20,000. Even with the current selloff, Rich Dad, Poor Dad author Robert Kiyosaki stayed positive on BTC. In an X post, Kiyosaki said that he sees the current Bitcoin price decline as a buying opportunity rather than a cause for concern. 

He reaffirmed his belief in BTC as a he…

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