Extreme fear often marks extreme opportunity. The 200-day MA sits around $58-60K as next support. Every time BTC has been this oversold, patient buyers won. Not in days. In months. The whales aren't selling. The ETFs aren't selling. Maybe that's telling us something.
Bitcoin clawed its way back above $70,000 this week. And honestly, it doesn't feel like a victory. The numbers tell a brutal story. $8.7 billion in realized losses over the past week. That's the second largest weekly loss event in bitcoin's history,
The crypto Fear and Greed Index just hit 5. That's not a typo. Five. We haven't seen numbers that low since the 2022 crypto winter, and before that, the COVID crash of March 2020. Bitcoin is trading around $67,800 as I write this. It'
Citadel Securities, ARK Invest, Tether, the NYSE parent company, DTCC, and Google Cloud all backed LayerZero in the same week. ZRO surged 17.5%. The institutional adoption story just got very real.
Grayscale says bitcoin trades like a tech stock, not gold. ETF inflows are back but retail is fleeing. Here's what the data actually shows.