Degen

The Bitcoin (BTC) Fear and Greed Index, as measured by Alternative, has fallen to 10 following the recent price drop, its lowest level since the 2022 bear market.

The index, which is rated from zero to one hundred, is currently in the extreme fear zone, up from neutral just a few days ago.

Analysts believe that since Bitcoin typically bottoms out during times of extreme fear, this could be a good buying opportunity. Warren Buffett says, “Be fearful when others are greedy, and greedy when they are fearful.”