As you probably knew, Bitcoin fear and greed index hit 8 two days ago. The lowest since March 2020 (Covid crash). Zimpex.com has shown an interesting chart in their article (link below): When the Crypto Fear and Greed Index was at around 10, the price of Bitcoin rose from its lowest level 5 times with details as follows: Increase 1 +70% Increase 2 +45% Increase 3 +310% Increase 4 +25% Increase 5 +300% "Vice versa, if the Crypto Fear and Greed Index is approximately 90, Bitcoin price sees a decrease from its highest level twice with details as follows Decrease 1 -40% Decrease 2 -45%" Definitely not a financial advice, because those percentages are very random. Some are over very long time periods. Article: https://zipmex.com/learn/crypto-fear-and-greed-index-explained/ #Crypto #Markets
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cryptos must be feeling nauseous from the rapid ups and downs :)