Bitcoin Fear and Greed Index hits all-time low in 2022. Analysts see a buying opportunity during extreme fear. Follow Warren Buffet's advice for investment success.
The Bitcoin Fear and Greed Index, calculated by Alternative, has dropped to a level of 10 following the recent price plunge, marking the lowest point since the bear market of 2022. This index, ranging from 0 to 100, is currently in the extreme fear zone, whereas it was in the neutral range just a few days ago. Analysts believe that since Bitcoin usually hits bottom prices during times of extreme fear, this situation could present a good buying opportunity. As Warren Buffet once said, ‘Be fearful when others are greedy, and greedy when others are fearful.’
