Key points:
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The Crypto Fear & Greed index is back at unprecedented levels because Bitcoin exchanged $ 83,000.
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The analysis wonders if the “turning” of the BTC price is already there.
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The behavior of social media users already suggests that a price rebound should take place afterwards.
The feeling of Bitcoin (BTC) collapsed during the night Thursday while the last BTC price drop forced fresh liquidations.
The new data from the Crypto Fear & Greed index show that “fear” is now stimulating mood.
Bitcoin feeling echoes April stockings
Bitcoin, approaching new monthly hollows of less than $ 109,000, had an almost instant impact on the feeling of the market.
The Fear & Greed index, which is lagging behind market movements, has only reached 28/100 on Friday, marking its lowest levels since April 11. The index dropped by 16 points in a single day.
“More fear and a higher price,” said Michael Pizzino in a post.
Pizzino has referred to the emerging divergence between prices and feeling.
The last time the FEAR & GREED index was less than 30/100, BTC / USD exchanged $ 83,000, a few days after its recovery of $ 75,000, Cointelegraph Markets Pro and TradingView data confirmed.
Consequently, the analysis that accompanies it argued that the time has come for a reversal of the market.
“It could be the turning point that Bitcoin and Crypto were waiting for? The analysis looks good, but it was not confirmed,” added Pizzino.
Fear & Greed was not foreign to erratic movements in 2025. As Cointelegraph reported it in February, the index collapsed at only 10/100 thanks to macroeconomic uncertainty focused on American commercial prices.
“Impatience and Beariishness” rule BTC Price takes
Certain signals from an imminent BTC price rebound emerged before the last drop.
In relation: Four reasons for which Bitcoin fails to copy heights of all time for gold and stocks
On Tuesday, the Santiment Research Platform showed that social media users were already convinced that lower prices would come soon.
“As usual, social media are manifested on the place where Bitcoin will then go. Historically, lower price forecasts increase the probability, and higher predictions involve lower future prices,” he explained to X followers.
Santiment has described a “large quantity of impatience and lowering emerging from the crowd of detail”.
At the same time, the data has revealed that large volume traders have added an exhibition in recent days.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.