Crypto Fear Index at Panic Level: Signals Potential Bitcoin Buying Opportunity

The Crypto Fear & Greed Index has plunged into ‘extreme fear’ territory, suggesting a potential buying opportunity for Bitcoin after recent market volatility. The index, which measures investor sentiment, dropped below 10 yesterday before recovering slightly to 11. Despite this brief rebound, it remains 23 points lower than its level a month ago as investors react with anxiety and uncertainty. A historical analysis by economist Alex Krüger reveals intriguing insights into potential Bitcoin returns following such periods of extreme fear. 📈