A single spark could reignite the Bitcoin bull
The Fear and Greed Index has dropped to 15, signaling Extreme Fear, levels we last saw during the tariff-driven sell-off earlier this year.
If history is any guide, we may be getting close to the bottom of this correction. Whether we reverse around 95k or dip a bit further is still uncertain, but at such intense FUD levels, even a small spark of positive news could reignite the fire and bring the bull charging back in hot.
Hodl on guys. Better days are coming soon imo!
I still buy regularly, so the current price suits me fine. And yes, I also believe that even better times lie ahead!
🤝🏻
Always buy the fear.
Dump to 90k imho
Markets always do surprising things, wonder how also the overall sentiment and the AI bubble continues. Don't think trillion dollar investments in AI datacenters are sustainable. Unless we had AGI which we dont have yet.
I think we will be in some consolidation for a bit. This is a great time to think about stacking some sats... Not financial advice of course, lol...
Might Take a few more weeks before we really begin to kick again. But I don’t believe the downside is much bigger.
Could absolutely go to 75K if this level breaks. But that is the bottom I would say, but. really, who knows? All we can do is guess.