{"id":306620,"date":"2025-11-22T06:53:08","date_gmt":"2025-11-22T06:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/306620\/"},"modified":"2025-11-22T06:53:08","modified_gmt":"2025-11-22T06:53:08","slug":"tactical-bottom-may-be-near-greed-fear-index-suggests","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/306620\/","title":{"rendered":"Tactical Bottom May Be Near, Greed &#038; Fear Index Suggests"},"content":{"rendered":"<p>Bitcoin <a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\" rel=\"nofollow noopener\" target=\"_blank\">BTC$83,292.08<\/a> sentiment has plunged into extreme pessimism, suggesting a tactical or interim low from which a BTC price bounce is likely, according to analytics firm 10x Research.<\/p>\n<p>The firm&#8217;s proprietary &#8220;Greed &amp; Fear&#8221; Index, which measures market sentiment, has crashed to a record low of less than 5 points. Readings below 10% represent extreme fear or pessimism, and above 90% signal green or over-optimism.<\/p>\n<p>More importantly, the 21-day simple moving average of the index has slipped to 10%, a level that has <a href=\"https:\/\/www.coindesk.com\/markets\/2023\/08\/11\/matrixports-bitcoin-greed-and-fear-index-indicates-upswing-ahead\" rel=\"nofollow noopener\" target=\"_blank\">consistently marked<\/a> tactical lows over the years.<\/p>\n<p>&#8220;Our own 10x Greed &amp; Fear Index has been sitting near its lowest possible reading, and the slower-moving average has now reached the 10% zone, a level that often marks a tactical low,&#8221; Markus Thielen, founder of 10x Research, told CoinDesk.<\/p>\n<p>Peak pessimism does not necessarily signal an immediate end to the downtrend. While prices may continue to decline, the pace is likely to slow, with a tactical low in sight.<\/p>\n<p>&#8220;Prices can still fall further, as we saw in March when the indicator bottomed before bitcoin continued to slide into April. Yet, bitcoin still staged a 10% rebound immediately after that initial sentiment low. With sentiment now near rock bottom again, a similar short-term rebound is possible,&#8221; Thielen explained.<\/p>\n<p>Bitcoin traded near $84,800 at press time, having hit a low of $80,880 on Friday, according to data from CoinDesk. Despite the bounce, prices are still down 10% for the week and 23% for the month.<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin BTC$83,292.08 sentiment has plunged into extreme pessimism, suggesting a tactical or interim low from which a BTC&hellip;\n","protected":false},"author":2,"featured_media":306621,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[931,28,158847,112],"class_list":["post-306620","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-business","tag-greed","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/306620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=306620"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/306620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/306621"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=306620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=306620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=306620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}