Fear & Greed Index is at 37 Fear. Why?
"Bitcoin's dive Thursday followed word of China's
sizable Evergrande Group property developer filing
for Chapter 15 bankruptcy protection in New York.
Around the same time, word began to spread about
a Wall Street Journal report noting that Elon Musk's
SpaceX wrote down the value of its Bitcoin holdings
by $373 million and sold an unspecified amount." https://decrypt.co/152872/bitcoin-ethereum-flash-crash-triggers-800-million-liquidations
So let's go, buy the Dip?
On 8/18/2023 5:33 AM, Mild Shock wrote:
Fear & Greed Index is at 37 Fear. Why?
"Bitcoin's dive Thursday followed word of China's
sizable Evergrande Group property developer filing
for Chapter 15 bankruptcy protection in New York.
Around the same time, word began to spread about
a Wall Street Journal report noting that Elon Musk's
SpaceX wrote down the value of its Bitcoin holdings
by $373 million and sold an unspecified amount." https://decrypt.co/152872/bitcoin-ethereum-flash-crash-triggers-800-million-liquidations
So let's go, buy the Dip?If it has already bottomed, why not.
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