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Fear and Greed Index Slides as BTC Drops Further
Bitcoin’s strong summer rebound appears to be losing momentum, with investor sentiment turning more cautious despite a period that has historically provided support for the crypto market.
Meanwhile, traders assign a 56 percent chance to Bitcoin falling to $80,000, with probabilities of 33 percent for $77,500 and 20 percent for $75,000. The price trajectory of BTC will be observed closely by various traders, analysts and companies like Cantor Equity Partners Inc. (NASDAQ: CEP) over the coming weeks in order to gauge how the digital asset could…
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