Bitcoin Fear & Greed Index Hits New Low Amid Market Sell-Off

BlockBeats News, February 25th, according to Coinglass data, the Bitcoin Ahr999 indicator has dropped to 0.29, well below the "buying the dip line" (0.45), with the recent previous low point being 0.27 on February 6th.

During the last bear market cycle, on June 18, 2022, and November 22 of the same year, the market experienced the "ETH Flash Crash Liquidation" and "FTX Flash Crash" events, respectively, with this index falling below 0.3.

This index was created by ahr999 to assist Bitcoin dollar-cost averaging users in making investment decisions based on opportunistic strategies. The index implies the return on short-term Bitcoin DCA and the deviation of the Bitcoin price from the expected valuation. In Bitcoin's history, there have been 572 days where the Ahr999 index was below the dip line (0.45).