From Greed To Terror: Bitcoin’s Fall Below $104K Sparks Extreme Fear

Bitcoin’s pullback on Monday sent a quick chill through crypto markets, pulling sentiment down to levels not seen in ￰0￱ dipped to a 24-hour low of $103,938 after earlier trading above $109,000, and gauges of market mood turned sharply negative as investors reassessed ￰1￱ Reading: Bitcoin May Be This Week’s Big Story As Saylor Teases Fresh Buy Crypto Fear Hits Extreme Readings According to the Crypto Fear & Greed Index, the score fell to 21 out of 100 on Tuesday, a move that registers as “Extreme Fear.” That mark is the lowest in nearly seven months; the index previously hit 18 out of 100 on April 9, when markets reacted to US President Donald Trump’s global tariff ￰2￱ have disclosed that the index has been swinging between calm and alarm since the large sell-off in early October, when readings tumbled after prices slid from a peak above $126,000 on ￰3￱ participants pointed to a mix of weak institutional flows and macro ￰4￱ on reports, Bitcoin-tied exchange-traded funds recorded net outflows of nearly $800 million last ￰5￱ said institutional buying recently fell below the amount of newly mined Bitcoin for the first time in seven ￰6￱ trends reduce the steady inflows that had helped support ￰7￱ Action & Short-Term Drivers Bitcoin recovered above $104,100 after the low, but the sharp intraday swing highlighted ￰8￱ traders blamed cooling activity on exchanges and wallets, while others flagged concerns about the Federal Reserve’s ￰9￱ Fed cut interest rates for the second time this year on Wednesday, yet signaled there may not be more cuts in ￰10￱ hint of a less-accommodating outlook appeared to catch investors off guard, prompting quick re-pricing in both stock and crypto ￰11￱ are also technical points at ￰12￱ Crypto Fear & Greed Index last fell into the “Extreme Fear” zone on Oct. 21 when it hit 25 out of 100, after Bitcoin slid from over $110,000 to below $108,000.

Earlier, the index had topped 70 — a “Greed” reading — showing how fast sentiment can flip when price moves ￰13￱ Reading: Forget Billions—XRP Could Hit Trillions, Leading Expert Says What Traders Are Watching Next Traders will be watching ETF flows, on-chain activity, and any fresh signals from US ￰14￱ on reports, lower blockchain activity and fewer large buys by institutions have been cited as immediate reasons for the ￰15￱ inflows return, they could stabilize the ￰16￱ outflows continue, the pressure may ￰17￱ bulls, however, still point to seasonal ￰18￱ to historical patterns cited by some analysts, November has often been a strong month for Bitcoin, with average gains above 40% in past ￰19￱ image from Gemini, chart from TradingView