Bitcoin Approaches Potential Bottom as Fear Index Hits 15

2025-11-13 19:15

Bitcoin (BTC) is nearing a potential price bottom as the Fear and Greed Index drops to 15, marking the second-lowest level in the past year. Historically, the index has indicated price recoveries when it reaches 10 or below. Currently, BTC is forming lower highs and slightly higher lows, suggesting a consolidation phase. Technical indicators, including the Relative Strength Index (RSI) and a descending channel pattern, point to a possible retest of key support levels before any upward movement. Additionally, macroeconomic factors such as central bank policies and developments in the AI sector are seen as potential catalysts for a BTC rally towards $200,000.

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