Fear and Greed Index Hits 5-Month Low as BTC Drops to $109K – Warning or Buying Opportunity?
Bitcoin (BTC) has experienced a rough 24 hours, losing about $3,000 in a single plunge. The bears took over on September 25, cutting short bitcoin’s rally to $114,000. The asset fell below $109,000 for the first time in weeks as its trajectory was reversed.
Amid the plunge, the Crypto Fear and Greed Index has fallen to its lowest level in five months, signaling fear among investors. This raises the question of whether current market conditions present a buying opportunity or a warning sign that more pain is to come.
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We Asked 3 AIs if Bitcoin’s (BTC) Bull Run Is Over
Fear and Greed Index Hits 5-Month Low as BTC Drops to $109K – Warning or Buying Opportunity?
Bitcoin (BTC) has experienced a rough 24 hours, losing about $3,000 in a single plunge. The bears took over on September 25, cutting short bitcoin’s rally to $114,000. The asset fell below $109,000 for the first time in weeks as its trajectory was reversed.
Amid the plunge, the Crypto Fear and Greed Index has fallen to its lowest level in five months, signaling fear among investors. This raises the question of whether current market conditions present a buying opportunity or a warning sign that more pain is to come.
Read More