Bitcoin Extreme Fear Index Remains For 13 Consecutive Days

The Bitcoin Fear & Greed Index indicates sustained extreme fear among investors, with the index at 23 for 13 consecutive days.

The Fear & Greed Index measures sentiment using factors like market cap dominance, trading volume, Google Trends, social sentiment, and volatility.
Values above 53 show greed, below 47 indicate fear, with extreme fear at or below 25.
Historically, markets often move contrary to the prevailing sentiment, suggesting potential for reversal during extreme fear or greed.
The price low in November correlated with extended extreme fear but did not lead to a sustained bullish trend.

Current Bitcoin price is approximately $87,500, unchanged over the past week.