Bitcoin Fear and Greed Index: Extreme Greed Declines in the Market

🔸 The Bitcoin (BTC) Fear and Greed Index, created by Alternative, shows that investor sentiment has declined from extreme greed to moderate greed.

🔸 With a score of 74 out of 100, the index is still in the greed zone, but has moved out of the extreme greed (75) boundary.

🔸 This change occurred after the Bitcoin price dropped and the altcoin market crashed.

🔸 History shows that extreme greed is usually associated with price peaks, while extreme fear is associated with price bottoms.