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Important information tonight:
- The Fear & Greed Index has reached level 5. The lowest level ever recorded.
- The RSI index has hit 15. These levels have only been seen in 2018 and during the COVID crash.
That's why I don't think we'll see #Bitcoin prices drop below $60,000 in the short term.
It seems like we will experience a correction and slow growth, regaining momentum and market strength.
History has shown that these are the times you should accumulate, and you do so based on indicators and data, not on whether something is "expensive" or "cheap."