Bitcoin Fear Index Plummets to Record Low, Analysts Debate Potential Dec Bottom

The widely watched Fear and Greed Index has dropped to 10, a level not seen since the Terra Luna collapse in 2022, signifying heightened anxiety across the crypto world. This drastic shift indicates a major potential turning point in market sentiment. However, despite this recent dip, analysts remain divided on Bitcoin’s direction. While some believe we are nearing the bottom of this downturn, others anticipate further price declines.