There is high volatility in the Bitcoin market these days and the mood has changed by 180 degrees.
September came with a hard dump that reduced the price of bitcoin by more than $ 2,000 in a matter of days. The result is a significant change of mood in the market, which is monitored by the Crypto Fear & Greed Index.
If we look at the chart higher, we can see the rapid change when on September 3 we were at level 79 “Extreme Greed” and the day after index dropped to 40 with the status “Fear“.
We are currently at level 41 and it will probably take a while for traders to get rid of fear.
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