Bitcoin is now in its longest-ever ‘extreme fear’ period

Bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor.

Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered.

70 days of “extreme fear”

While crypto market sentiment was already “comparable to funeral” before the start of 2022, the subsequent price drawdown in Bitcoin and altcoins produced cold feet like never before.

This has now been quantified by the Crypto Fear & Greed Index,…


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