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Title: How low will the Crypto Fear & Greed Index go before Bitcoin recovers?
The market sentiment has taken a significant turn, shifting from greed to fear. The recent drop in price from nearly $112k to $101.3k has led to a change in the market’s emotional state. Despite the correction to $100k, there is still a possibility that sentiment will deteriorate further before Bitcoin recovers.
As we navigate this uncertainty, it is essential to analyze the current market trends and their potential implications on the Crypto Fear & Greed Index. Prior to this downturn, the index showed that greed was in control. However, as sentiment turned towards fear, this reading is no longer accurate.
Considering recent developments, the question remains: how low will the Crypto Fear & Greed Index go before Bitcoin recovers?
Source: ambcrypto.com
