Bitcoin Sentiment Worst Since Mid-October: Reversal?

Bitcoin investor morale has dropped to its lowest level since mid-October. How this might affect BTC's price.

Alternative devised the “Fear & Greed Index” to measure Bitcoin and cryptocurrency traders' mood.

To compute its value, this statistic considers volatility, trade volume, market cap dominance, social media sentiment, and Google Trends.

When the index is over 53, most investors are greedy. However, being under 47 indicates fear dominates the industry. As expected, the indication between these cutoffs indicates net neutrality.

The indicator's latest value is 65, indicating investor greed. As seen here, the measure dropped sharply from yesterday.

Even excluding today's drop, the Bitcoin Fear & Greed Index has been falling for a while. The recent BTC price drop is aggravating sentiment.

Yesterday's index value of 73 came close to excessive greed. If the index is 75 or above, the market has this attitude.

The buzz of the cryptocurrency reaching new highs over $100,000 has kept the indicator in this zone for much of this month.

Bitcoin has historically moved against the herd, with the chance increasing as investors become more certain about a side.

Extreme greed is where BTC price peaks are most likely. Extreme fear occurs at 25 or below on the fear side.

Bitcoin's price may not undergo another large slump after current sentiment declines. Greed remains, therefore another surge may be unlikely.

#BTCBelow92K #btc2025 #MicroStrategyStockSale #BTCXmasOrDip? $BTC