Bitcoin Takes a Dip
Bitcoin fell 1.47% today, trading at $66,788. Markets show signs of uncertainty as traders react.
Current Price: $66,788
Down from yesterday’s close, Bitcoin faces selling pressure amid broader market caution.
Fear & Greed: Extreme Fear
The crypto Fear & Greed Index sits at just 9 out of 100—signaling extreme fear among investors.
What Does Extreme Fear Mean?
When fear dominates, investors panic sell. Historically, this can signal buying opportunities.
Why the Drop?
Market volatility, regulatory concerns, and profit-taking may be driving today’s decline.
What’s Next for Bitcoin?
Watch key support levels at $65K. A bounce could happen if fear sentiment shifts.
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About the Author: Ananya Melhotra
