$BTC slides 2.35% as the Fear & Greed Index drops to 44 — the first "Fear" reading in weeks signals a market reset.
What's Happening:
Price Action: Bitcoin breaks below $93K support, testing the $92,000-$92,500 zone.
Sentiment Shift: Fear & Greed Index drops to 44 (Fear) from recent Greed levels — a significant shift.
Technical Setup: 50-day MA holding as support; the Golden Cross structure remains intact.
Macro Pressure: Risk-off sentiment spreads across global markets ahead of key economic data.
Why It Matters:
Corrections within a bull market are healthy. The drop to "Fear" often marks local bottoms, not tops. Historically, buying when others are fearful has outperformed chasing rallies. The Golden Cross structure from last week remains valid — this pullback is testing it.
Technical View:
$92,000 is the critical support zone. A hold here keeps the bullish structure intact with $95K as first recovery target. A break below opens $88,000. Volume declining on the selloff suggests exhaustion rather than capitulation.
🎯 Key Levels:
Support: $92,000 | Resistance: $95,000
24h Range: $91,910 - $95,531
💡 "Fear creates opportunity. The question isn't IF Bitcoin recovers — it's whether you're positioned when it does."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Bitcoin #BTC #CryptoCorrection #BuyTheFear #CryptoNews
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
