Crypto market enters 'extreme fear' as analysts warn of Bitcoin below $50K

Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.

Crypto market sentiment has dropped to an over one-month low, as analysts warn of a potential Bitcoin (BTC) price correction below $50,000 as soon as this weekend.

The Crypto Fear & Greed Index, a multifactorial measure of crypto market sentiment, fell to a one-month low of 22, last seen at the beginning of August.

Fear & Greed Index. Source: alternative.me

Read more

Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.
Crypto market sentiment has dropped to an over one-month low, as analysts warn of a potential Bitcoin (BTC) price correction below $50,000 as soon as this weekend.The Crypto Fear & Greed Index, a multifactorial measure of crypto market sentiment, fell to a one-month low of 22, last seen at the beginning of August.Fear & Greed Index. Source: alternative.meRead more Â