Extreme Fear at $75,800: What Matters Now for the Bitcoin Price
Select what genuinely interests you. Your picks feed directly into our editorial planning. Bitcoin is trading at around $75,800 on Saturday morning, and the market barely moved overnight. Sentiment did move. The alternative.me Fear and Greed Index stands at 25 points on November 7, which puts it in "Extreme Fear" for the first time since August 6. What is on record: two days earlier the same index was at 50, right in the middle of the scale. Our assessment follows further down. The fear is larger than the price decline, and that gap is what will decide the weekend.