A multi-day ‘excessive worry’ studying in a widely-followed sentiment index may very well be indicative of bitcoin costs setting a backside earlier than transferring greater within the coming weeks — with a beforehand comparable setup previous a 200% rise in BTC.
The Concern and Greed Index, which measures investor feelings in markets like bitcoin, starting from 0 (lowest sentiment) to 100 (highest sentiment), has proven an prolonged ‘excessive worry’ studying previously a number of days as costs whipsawed between the $83,000 and $95,000 ranges.
Bitcoin Concern & Greed Index: EXTREME FEAR!
For the primary time since September 2024—when BTC was at $53K—we’re seeing sustained Excessive Concern out there.
Final time this occurred? $BTC 2x’d within the subsequent 3 months.
Will historical past repeat itself? pic.twitter.com/Qtjrfn2j1N
— Kronos Analysis (@KronosResearch) March 5, 2025
The index helps establish whether or not buyers are too scared (potential shopping for alternative) or too grasping (doable market correction), tending to behave as a contrarian indicator within the quick time period. It’s based mostly on value volatility and momentum, social media sentiment, Google tendencies information and bitcoin’s total market share.
“Bitcoin’s plunge into ‘Excessive Concern’ on the Concern & Greed Index, its first since September 2024, when BTC traded at $53K, echoes a pivotal historic low,” Vincent Liu, CIO at buying and selling agency Kronos Analysis, advised CoinDesk in a Telegram message. “Again then, Bitcoin’s worth doubled over the following three months, hinting at a possible shopping for alternative for savvy buyers.”
“Amid right now’s market volatility, fueled by commerce tariffs and broader macroeconomic uncertainties, this second may emerge as a golden entry level, offered world commerce tensions ease and total financial sentiment strengthens,” Liu added.
Bitcoin and several other main tokens, together with Cardano’s ADA, Solana’s SOL and xrp (XRP), surged Sunday following President Trump’s announcement of a U.S. crypto strategic reserve.
However the preliminary pleasure was short-lived resulting from profit-taking amid the shortage of concrete plans and a risk-off temper in broader fairness markets.
Trump’s tariff bulletins on Canada, Mexico, and China additional impacted markets, and merchants are actually awaiting extra readability from the upcoming White Home Crypto Summit for cues on future positioning.
