5h ago
Bitcoin Active Wallets Fall to 2023 Lows as Fear Index Hits 11 and Analysts Highlight $81,500 Support and $100,000 Target
On-chain data shows Bitcoin active wallets have dropped to 2023 lows while the Fear & Greed Index has fallen to 11, pointing to extreme fear and thinning liquidity as the year-end approaches. Analysts note that Bitcoin’s price is hovering near $86,000 above the $81,500 True Market Mean Price, identifying $81,000 as key downside support and $100,000 as the level that must be reclaimed to negate bearish momentum.