{"id":142215,"date":"2026-03-14T23:00:18","date_gmt":"2026-03-14T23:00:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=142215"},"modified":"2026-03-14T23:00:18","modified_gmt":"2026-03-14T23:00:18","slug":"bitcoin-fear-greed-index-at-covid-and-luna-crash-low-whats-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=142215","title":{"rendered":"Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low \u2014 What\u2019s Next?"},"content":{"rendered":"

The price of Bitcoin put in another interesting performance over the past week, as the global uncertainty continued in the broader financial markets. However, the $74,000 resistance level<\/a> proved to be unyielding yet again, as the premier cryptocurrency made a fresh play for it as the weekend approached.<\/p>\n

The investor sentiment in the Bitcoin market seems to be worsening with time, while the bullish momentum appears to be waning after the latest rejection. In fact, recent on-chain data shows that the sentiment is at a low not seen in nearly four years.<\/p>\n

BTC Fear & Greed Index Falls To 10% For First Time Since 2022<\/strong><\/h2>\n

In a March 13 post on the X platform, crypto analyst Axel Adler Jr revealed<\/a> that the Bitcoin Fear and Greed Index has continued its descent over the past few weeks. The Fear and Greed Index is an on-chain indicator that measures sentiment in the crypto market and reflects some aspect of investor behavior.<\/p>\n

Typically, the index ranges from 0 to 100 (often in percentage), with higher values often signaling extreme greed and overheating market conditions. Meanwhile, a lower value of the Bitcoin Fear & Greed Index suggests extreme fear and skepticism among investors.<\/p>\n

According to CryptoQuant\u2019s data shared by Adler Jr, the 30-day average Fear and Greed Index has fallen to 10%, a level of pessimism seen during the market-wide crash brought about by the COVID-19 pandemic and the Terra (LUNA) ecosystem collapse. As observed in the chart below, the metric has been on a downturn since reaching a peak above the 75th percentile in late 2025.<\/p>\n

Adler Jr. wrote on X:<\/p>\n

Sentiment is now deeply compressed. For market structure to stabilize, Bitcoin likely needs to reclaim higher price levels.<\/p>\n

While an upturn in price performance might be critical in improving the market sentiment, the current level of the Fear and Greed Index<\/a> might provide insight into Bitcoin\u2019s near-term trajectory. From a historical perspective, the premier cryptocurrency has often shown the tendency to bounce back when the market sentiment is at its lowest.<\/p>\n

During the COVID-19 crash, the Bitcoin price rebounded from around $5,000 to a new all-time high after the Fear and Greed Index fell to around 10%. In 2022, though, the price of BTC did not reach a bottom until after the collapse of the FTX exchange (a few months after the index reached the 10% level).<\/p>\n

In essence, the Fear and Greed Index being this low could imply that the market leader has either reached or is near its bottom.<\/p>\n

Bitcoin Price At A Glance<\/strong><\/h2>\n

As of this writing, the price of BTC stands at around $71,262, reflecting an over 1% jump in the past 24 hours.<\/p>","protected":false},"excerpt":{"rendered":"

The price of Bitcoin put in another interesting performance over the past week, as the global uncertainty continued in the broader financial markets. However, the $74,000 resistance level proved to be unyielding yet again, as the premier cryptocurrency made a fresh play for it as the weekend approached. The investor sentiment in the Bitcoin market […]<\/p>\n","protected":false},"author":0,"featured_media":142216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-142215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142215"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142215"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/142216"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}