The Bitcoin Fear & Greed Index is at 27, the lowest since January 2023. Back then, BTC was $18,150 and the total crypto market cap was $800 billion. Since then, BTC has surged over 300%.

Twice this cycle, a Fear & Greed Index near 30 marked the price bottom. The last time it hit 30, BTC rose from $28k in October 2023 to $74k in March 2024.