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Today Fear & Greed Index: 14 — Extreme Fear
Today BTC Price: $72,204
Can you find, in historical data, the second time BTC was $72K and the sentiment index was at 14?
I checked it, but couldn’t find it.
· Retail investors are too scared to jump in because of the war
· But BTC is already near the previous high
· This combination of “high price + low sentiment” means this leg of the rally isn’t retail investors propping it up
Who’s propping it up?
CoinShares, with a valuation of $1.2 billion just listed yesterday, the MS spot ETF, and HSBC stablecoin licensing—
The answer is right in the news.
The market is driven by institutions—retail investors are just lingering in fear.
$PIXEL $SOLV $WLFI