Bitcoin Price Drops Sharply: ‘Close Your Eyes and Bid’ Opportunity

Bitcoin experienced a dramatic price drop on Monday, plunging over 26% to its lowest point since April. This marked the steepest correction in the current bull market and prompted analysts to consider if this could be a final phase of leverage unwinding. Key indicators paint a mixed picture: while the Crypto Fear & Greed Index sits firmly in ‘Extreme Fear’ territory, it may indicate an opportunity for investors. 10-year Bitcoin bull market data suggests dips into this zone historically yield strong returns after a period of correction.