 | Bitcoin entered extreme fear levels on a fear and greed index today. Here is a screenshot: Just three weeks ago we were in a "greed" zone with a fear index at 79/100. (7 Sep 21) For some past reference, here is how the fear and greed index was moving in the past year: Fear & Greed index stays between 10 and 90 most of the time I know you are all here for some hopium so let me tell you that buying the fear is a good practice judging on the past price movements. You have my permission to "buy the dip". As said we entered "extreme fear" which is a fear and greed index at 25 or below - and we are at exactly 25 right now. Historically we went to about 10 in the worst case scenarios [link] [comments] |
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