List of Flash News about Fear and Greed Index 11
| Time | Details |
|---|---|
| 12:01 |
Bitcoin BTC Price Setup: Liquidity Sweep Below 92K, CME Gap Closed, Fear and Greed 11 Signals Potential 95K-100K Bounce
According to @CryptoMichNL, Bitcoin downside liquidity has been swept even below 92,000 dollars and the CME futures gap is now closed, source: @CryptoMichNL. He notes the Crypto Fear and Greed Index printed 11, the lowest since the Luna crash, signaling capitulation sentiment, source: @CryptoMichNL. From a technical view, he highlights an unusually large distance between BTC price and its 20-day moving average on both daily and weekly charts, a setup that he says has only occurred a few times historically and often precedes mean-reversion bounces, source: @CryptoMichNL. Based on these signals, he expects consolidation first rather than a V-shaped recovery, with a potential bounce toward 95,000 to 100,000 dollars, while acknowledging possible downside risk toward 85,000 dollars, source: @CryptoMichNL. |