Bitcoin Plunges Amidst Extreme Fear: Expert Predictions Point to Further Downturns

Bitcoin’s recent slide has been fueled by mounting fear in the market, as its Fear and Greed Index currently sits at 10, highlighting ‘Extreme Fear’. This dramatic drop has triggered market volatility, causing investors to withdraw funds en masse. Leading figures like Changpeng Zhao (CZ) have advised calm amidst this volatility. Despite the current downturn, experts emphasize it’s a healthy correction, not a systemic collapse, and encourage a focus on long-term Bitcoin potential. 📈