"Bitcoin Fear and Greed Index reached its lowest level since January 2023, down to 27 on July 9. The main reason is that the German Government and Mt. Gox are selling its BTC, bringing the price down from $63,000 at the end of June to $53,570 on July 5. But don't worry, the amount of Bitcoin held on the exchange is decreasing since 2021 and is at the lowest level in many years, reducing selling pressure price drops. Let's discuss this situation!#Bitcoin#CryptoNews 🚀"