coin-img-XAUTXAUT+0.72%coin-img-HYPEHYPE-5.58%coin-img-PAXGPAXG+0.31%coin-img-WLFIWLFI-1.30%coin-img-ASTERASTER+5.45%coin-img-ONDOONDO+0.65%coin-img-ZAMAZAMA+2.33%coin-img-ETHETH-1.08%coin-img-XAUTXAUT+0.72%coin-img-HYPEHYPE-5.58%coin-img-PAXGPAXG+0.31%coin-img-WLFIWLFI-1.30%coin-img-ASTERASTER+5.45%coin-img-ONDOONDO+0.65%coin-img-ZAMAZAMA+2.33%coin-img-ETHETH-1.08%coin-img-XAUTXAUT+0.72%coin-img-HYPEHYPE-5.58%coin-img-PAXGPAXG+0.31%coin-img-WLFIWLFI-1.30%coin-img-ASTERASTER+5.45%coin-img-ONDOONDO+0.65%coin-img-ZAMAZAMA+2.33%coin-img-ETHETH-1.08%coin-img-XAUTXAUT+0.72%coin-img-HYPEHYPE-5.58%coin-img-PAXGPAXG+0.31%coin-img-WLFIWLFI-1.30%coin-img-ASTERASTER+5.45%coin-img-ONDOONDO+0.65%coin-img-ZAMAZAMA+2.33%coin-img-ETHETH-1.08%
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Mark Travoy

Bitcoin Climbs Back Above $71,000 As Extreme Fear and Oversold Metrics Shape Outlook

On Monday, Bitcoin recovered above $71,000 after a sharp deterioration in crypto market sentiment pushed several indicators to record pessimistic levels. Some analysts argue that extreme fear, an RSI near 15 and a crypto Fear & Greed Index low of 5 could signal a relief rally, while others caution that Bitcoin remains far below its 50-day and 200-day moving averages. Liquidation data showing over $5.45 billion in potential short liquidations above current prices versus about $2.4 billion near $60,000 highlights both upside pressure and lingering downside risk.
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BTC-1.07%
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