Bitcoin Price Prediction: Extreme Fear Index Hits 10 – Is This the Accumulation Bottom Traders Waited For?
Bitcoin is buying and selling round $95,775, down practically 7% this week, as the broader crypto market slips into one in every of its most fragile sentiment phases of the 12 months. The Crypto Fear & Greed Index has collapsed to 10, marking “Extreme Fear” and matching ranges final seen in early March.
That shift alone is sufficient to make even long-term merchants pause, particularly as market cap has dropped to $1.91tn and momentum indicators proceed to melt.
Historically, excessive worry has tended to behave as a contrarian sign, usually exhibiting up close to key accumulation zones, however this time the technical construction isn’t providing a transparent verdict.
Bitcoin has slipped beneath its long-term ascending trendline for the first time since spring, signaling a break in the rhythm that carried the market by way of most of 2024 and 2025.
Bitcoin (BTC/USD) Technical Picture at a Crossroads
Bitcoin is stabilising after a pointy decline that dragged the market into the $94,500–$92,000 help area, an space that served as a pivot all through April and May. Thursday’s lengthy decrease wick suggests consumers stepped in, however the follow-through has been timid.
The 20-EMA has rolled over, appearing as dynamic resistance, whereas the RSI sits close to 33, hovering above oversold territory with out forming a transparent bullish divergence.
Candlestick behaviour reinforces the uncertainty. This week’s sample resembles a smaller model of a 3 black crows sequence, adopted by a single rejection candle, not fairly sufficient to sign capitulation, however sufficient to sluggish the decline. Price is now squeezed between the damaged trendline above and a mid-range ground beneath, a zone the place markets normally make fast selections.
Key Levels to Watch
A shift in momentum requires proof. Traders are watching:
- $99,000 – First signal consumers are regaining management
- $103,700 – The damaged trendline; reclaiming it will reset momentum
- $92,000 – Breakdown degree that exposes deeper help
- $83,000 – Large liquidity pocket and subsequent main draw back goal
A day by day shut above $99,000 would verify a short-term reversal, particularly if accompanied by a bullish engulfing candle and an RSI above 40.
Is This an Accumulation Bottom?
Extreme worry can create alternative, however it may well additionally precede one other wave of promoting. With Bitcoin caught between conflicting indicators—oversold momentum vs. damaged construction, merchants are approaching this zone cautiously. If consumers defend $92,000, this might evolve right into a traditional accumulation pocket. If not, the market could revisit deeper helps earlier than stability returns.
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