01-08-2022, 03:07 PM
Bitcoin Fear & Greed Index is at 10 as of March 2020. The difference? The price of B
<!-- SC_OFF --><div class="md"><p>The Bitcoin Fear & Greed Index is at 10 today. The lowest level since March 2020. At that time, the COVID-19 pandemic had just started to spread around the world, and we had a liquidity crisis in all liquid markets.</p> <p>This caused the price of Bitcoin to drop by more than 50% in a few hours to a low of $3.2K on some trading platforms.</p> <p>The fear was extreme. However, a strong rebound was quickly observed thanks to the HODLers of last resort who had seen a unique opportunity to seize. What happened next proved them right.</p> <p>Today, the price of Bitcoin is at $42K. This is almost 40% lower than the ATH of November 10, 2021, at $69K. But is it time to give in to extreme fear? I don't think so. Above all, we must keep control of our emotions and take a step back. Don't panic and take a step back. It's as simple as that.</p> <p>If you doubt it, ask yourself this question: would you have been in extreme fear if someone had told you two years ago that the price of Bitcoin would have been $42K in January 2022? I don't think so!</p> <p>Don't let short-term volatility override Bitcoin's long-term goals. In a few years, the current period will not even appear on the Bitcoin price chart.</p> <p>Stay strong, Stay Bitcoin HODLers.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sylsau"> /u/sylsau </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryweqj/bitcoin_fear_greed_index_is_at_10_as_of_march/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryweqj/bitcoin_fear_greed_index_is_at_10_as_of_march/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The Bitcoin Fear & Greed Index is at 10 today. The lowest level since March 2020. At that time, the COVID-19 pandemic had just started to spread around the world, and we had a liquidity crisis in all liquid markets.</p> <p>This caused the price of Bitcoin to drop by more than 50% in a few hours to a low of $3.2K on some trading platforms.</p> <p>The fear was extreme. However, a strong rebound was quickly observed thanks to the HODLers of last resort who had seen a unique opportunity to seize. What happened next proved them right.</p> <p>Today, the price of Bitcoin is at $42K. This is almost 40% lower than the ATH of November 10, 2021, at $69K. But is it time to give in to extreme fear? I don't think so. Above all, we must keep control of our emotions and take a step back. Don't panic and take a step back. It's as simple as that.</p> <p>If you doubt it, ask yourself this question: would you have been in extreme fear if someone had told you two years ago that the price of Bitcoin would have been $42K in January 2022? I don't think so!</p> <p>Don't let short-term volatility override Bitcoin's long-term goals. In a few years, the current period will not even appear on the Bitcoin price chart.</p> <p>Stay strong, Stay Bitcoin HODLers.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sylsau"> /u/sylsau </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryweqj/bitcoin_fear_greed_index_is_at_10_as_of_march/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryweqj/bitcoin_fear_greed_index_is_at_10_as_of_march/">[comments]</a></span>Kind Regards R