Cryptocurrency News

Bitcoin price bottom signals flash as Fear and Greed Index matches March 2020 lows

2022.05.25 23:05

Bitcoin price bottom signals flash as Fear and Greed Index matches March 2020 lows
Bitcoin price bottom signals flash as Fear and Greed Index matches March 2020 lows

Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.

The selloff appears in the wake of the Federal Reserve’s hawkish policy and the uncertainties in the crypto market led by Terra (LUNA), an algorithmic stablecoin project whose native token LUNA fell by 99% earlier in the month.

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