#Bitcoin ’s Fear & Greed Index has dropped to 30, deep into fear territory, following the reported Binance hack.
Sentiment was already weakening, falling from 68 on October 22 to 51 by October 29. The current reading is also well below the 30-day average of 56.
Fear is rising, and a sustained recovery in sentiment alongside $BTC price strength is needed to confirm a turnaround.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#BinanceReopensWithdrawalsForMoreAssets
Sentiment was already weakening, falling from 68 on October 22 to 51 by October 29. The current reading is also well below the 30-day average of 56.
Fear is rising, and a sustained recovery in sentiment alongside $BTC price strength is needed to confirm a turnaround.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#BinanceReopensWithdrawalsForMoreAssets
