The Bitcoin market is currently experiencing a historically low level of optimism, according to the Fear & Greed index by 10x Research. This extreme pessimism, often associated with tactical lows, could signal an imminent technical rebound. Data analysis and potential implications for investors are discussed below. 10x Research reports the index has fallen to levels rarely seen before, hovering near historic lows that coincide with a historical pattern of market rebounds. Bitcoin dominance; momentum; social trends, all factors considered in the calculation, have led to this extreme fear level. While these unprecedented readings could signal a temporary dip before a bullish surge, it is essential to remain aware of the macroeconomic factors influencing the cryptocurrency market. 85,000 dollars and 80,000 dollars, key levels for Bitcoin’s rebound or continuation of the drop are outlined in detail.