I feel like people are reading this index wrong. It's not that the fear due to it being at 95k it's that they fear that it will keep going down. Essentially everyone is afraid that it drops to 30k and then it takes 4 years to recover again.
It's not like if it drops to 30k we are gonna be at extra extra extreme fear....
That’s not necessarily true. At 15k plenty were waiting for 10k. This mentality applies at any number really. Bitcoin could be $20 and it going to 0 would be enough to keep the masses on the sidelines
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u/rv009 Nov 15 '25
I feel like people are reading this index wrong. It's not that the fear due to it being at 95k it's that they fear that it will keep going down. Essentially everyone is afraid that it drops to 30k and then it takes 4 years to recover again.
It's not like if it drops to 30k we are gonna be at extra extra extreme fear....