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BTC Visits Sub-$42,000, with the Fear and Greed Index in Neutral
BTC declined by 2.80% on Sunday. Reversing a 0.21% gain from Saturday, BTC ended the day at $41,793. BTC ended the week down 5.14% despite striking a Thursday high of $49,023. The Bitcoin Fear & Greed Index reflected a marked shift in investor sentiment after the BTC-spot ETF approvals. On Monday, January 15, the Fear & Greed Index fell from 60 to 52. Significantly, the Fear & Greed Index dropped from the Greed zone into the Neutral zone. The Fear & Greed Index peaked at 76 (Extreme Greed) on Thursday before the retreat. Extreme Greed signals a possible market correction ahead. The current pullback is likely because ... (full story)