As of July 15, the Bitcoin Fear & Greed Index has been in extreme panic for 70 days, a record high.
Philip Swift, the creator of the on-chain analysis platform LookIntoBitcoin, said on social media that the extreme panic time span of this bear market exceeds the Bitcoin BTC -0.08% bear market in 2018 and the market crash in March 2020. Earlier news, today’s Bitcoin panic and greed index is 21, the level is still extreme panic.