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#Bitcoin Fear & Greed Index - Extreme Fear grips the market 🔥
📝 The Fear & Greed Index currently sits at 16, signaling "Extreme Fear" on the chart. This consistently low sentiment reflects widespread retail capitulation.
📍 Historically, such deep fear zones have often coincided with periods of significant accumulation. Despite this pervasive bearish sentiment, Bitcoin shows resilience, holding above ~$71K.
💡 This divergence between extreme fear and stable price action suggests smart money accumulation. Watch for a sustained shift from these low levels as a potential market turning point.