Crypto Fear Index Hits Panic Level

The Cryptocurrency Fear and Greed Index has dropped to “Extreme Fear,” indicating a potential Bitcoin buying opportunity following the recent sell-off.

the indexThe Investor Sentiment Index briefly fell below 10 yesterday before rebounding slightly to 11, still 23 points lower than a month ago as investors ran for cover.

Across historical cycles, instances where the fear-greed index for cryptocurrencies dropped below 10 were followed by strong returns for Bitcoin in the following days, according to an analysis shared by economist Alex Krug on X.

Bitcoin’s historic return after a massive scare
(Fear and Greed Index ≥10)

Averages do not represent expectations. pic.twitter.com/A14F9Yh82o

– Alex Kruger (@krugermacro) November 19, 2025

On average, Bitcoin rose about 10% within a week after this drop in the index.

Bitcoin also held strong over the ensuing 15 to 30 days, before accelerating to gains of 23% by day 80 and 33% over six months.

The economist also said that in all 11 capitulation events since 2018, where the index fell to extreme levels, short-term weakness was common but a recovery occurred after almost every event.

Bitcoin price is approaching support as indicators become less bearish

The price of Bitcoin has managed to rise slightly over the past 24 hours to trade at $91,645.02 as of 7:23 AM EST.

WBTC/USD daily chart (Source: GeckoTerminal)

The slight rebound comes as Bitcoin approaches the support level at $89,735 and BTC continues to trade in a medium-term descending price channel. If this support level fails to hold, the crypto king could fall towards the next technical support at $81,977.

On the other hand, a bounce from the current support level could lead to a test of the $97K resistance level, which also corresponds to the 20-day Exponential Moving Average (EMA). As such, a break above this point could pave the way to $104K in the short term if bullish pressure continues.

Looking at the technical indicators on the daily chart, it appears that momentum is slowly shifting in favor of buyers, with the Moving Average Convergence (MACD) line rising and moving towards the MACD signal line. If the two lines cross soon, it could mark the first upward shift in volume since October 26.

In addition to the improving momentum, the Relative Strength Index (RSI) is holding at 30, which borders on the oversold zone. This indicates that Bitcoin’s upside potential is greater than its downside potential. If this signal is validated, it could see a shift in power from sellers to buyers, which will reinforce the improving momentum.

Traders may start acting on signals provided on BTC’s daily chart, and Bitcoin analyst VICTOR on

Related articles:

Best Wallet – Diversify your cryptocurrency portfolio

• An easy-to-use feature-based crypto wallet
• Get early access to upcoming ICOs
• Multi-chain, multi-wallet, non-custodial
• Now on the App Store, Google Play
• Share to earn native token $BEST
• Over 250,000 monthly active users