Now there is a fear of investors in the market. Bitcoin has lost over 50% of its ATH since its recent drop, the fear index hit 13, and even altcoins that have held up well on this downtrend like NEAR, LINK, LUNA, FTM have also lost value. Short positions increase Everyone is in a panic, many fix losses and sell....
I don't care anymore about fear index. that's totally BS. There's nothing you can do when the bearish market happened. If you meant accumulating those tokens to be sold when the price will be recovered was a good decision but if people buy legit tokens with the hope it can hodl the price and that will never happen. Bitcoin was everything during the bearish market. Does this mean that we have felt the bottom and there will be a rebound soon? Is it time to buy?
Yes it does mean we almost reached the bottom price. Rebound will always be happening and don't even you see rebound happened thousands of times? yes it is if you believe crypto already reached the bottom price but if you're still feeling fear and don't buy crypto.