As reported by BitJie, the Bitcoin extreme fear index has dropped to 14, matching levels seen during the 2022 bear market when Bitcoin fell 80% from its peak. The index, which measures market sentiment through volatility, volume, social media activity, and other metrics, has entered a warning zone. Combined with a $250 million ETF outflow, a four-month high in social media attention, and a breakdown below the $99,000 support level, multiple indicators suggest the market has reached a capitulation point historically linked to major bottoms or further declines.
Bitcoin Extreme Fear Index Hits 14, Matches 2022 Bear Market Levels
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