Fear and Greed Index touched 2020 lows

The Fear and Greed Index touched 8 on May 17th – the second-lowest recorded fear level in the index's history. We explore bitcoin's performance after periods of extreme fear.
Source: Alternative.me, Tradingview (Coinbase)

In the table, we have calculated the median, average, and lowest returns of bitcoin 30, 60, and 180 days after touching certain extreme fear levels by drilling into Fear and Greed levels from Feb 1st, 2018, to Dec 31st, 2021. We note that bitcoin rarely sees such extreme fear levels and, by extension, that these findings should not shape your active trading strategy. Past performance is not indicative of future performance.

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