He Bitcoin Fear & Greed Index fell to 25indicating a period of “Extreme fear” In the market, after the BTC fell below the U $ S90,000 for the first time since August 2024.
However, the last time Bitcoin reached this level, later a 78% Until U$ S88,000 In November. At that time, the fear and greed index marked 73reflecting a phase of “Greed” In the market.
This means that, just five months ago, investors were optimistic buying bitcoin to $ 88,000but today the feeling has changed dramatically, generating a strong fear of the return to those levels.
Of uncertainty to the maximum historical
Bitcoin graph in recent 18 months It shows its meteoric ascent, promoted by key events such as the initial presentation of the ETF to the cash of Blackrock, its subsequent approval and launch, and the victory of Donald Trump in the 2024 electionswhich finally led Bitcoin to overcome the U $ S100,000.
Historically, Bitcoin has not remained in the area of Extreme fear For a long time. Generally, it has taken less than two months in recovering ground and returning to a feeling of “Greed”which in the past has preceded new historical maximums. However, in the 2022 bearish marketthe recovery took more than a year.
Mercado general fall and panic feeling
The feeling of the market has deteriorated significantly in the last hours. The fear and greed index has fallen from 49 Yesterday and 47 Last week, when the market was still in an area “Neutral”.
This fall reflects the generalized correction In the crypto market:
- Bitcoin a 9% in 24 hours.
- Ethereum It has dropped a 11%.
- Solarium He has lost a 14%.
- XRP a one fell 15%.
- The total capitalization of the crypto market has retreated a 10% in a day.
While panic dominates the market, many investors see these falls as a short -term purchase opportunity.
Michael Saylor and BTC purchase opportunities
One of the main defenders of this vision is Michael Saylorco -founder of Strategy (formerly Microstrategy). Recently, Saylor hinted at a new BTC purchase by sharing a Bitcoin chart, a sign that in the past has anticipated acquisitions by his company.
In fact, the February 24, Strategy bought 20,356 BTCraising your total possession to 499,096 BTC. Before that, the February 10he had acquired 7,633 BTC.
According to Saylor, the current feeling of Extreme fear In the market it is nothing more than a opportunity to buy bitcoin at lower pricesaligning with its long -term accumulation strategy.
Source: Ambito
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