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AlanSantana
Jan 22, 2022 3:27 PM

Crypto Fear & Greed Index Goes Boom! Extreme Fear! Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin went on to hit a new low and we are super-oversold on the daily RSI.

We can see here the RSI also trending bearish on the weekly timeframe while the MACD has entered the bearish zone (below 0).

The Crypto Fear & Greed Index stands at "Extreme Fear" and a low 13 points, this is near its All-Time Low.

"Buy when others are fearful..."
Buy & Hold Long.

The stronger the crash, the bigger the recovery that goes next.
The longer that it lasts, the more that Bitcoin will grow in the next wave.

This is just a correction.
We will end up in a higher low.
Bitcoin will grow in the long-term.

Namaste.
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