Crypto Fear and Greed Index ឈានដល់កម្រិតទាបបំផុតទីពីរចាប់តាំងពីឆ្នាំ 2018៖ Bitcoin បំបែកកម្រិតគាំទ្រ $20 

Currently, at 6, the crypto fear and greed index hit its second-lowest level since August 2018.

Bitcoin lost its crucial $20k support level and hit a local low of $18,742, as more losses could be seen on the horizon. 

According to Alex Krüger, if Bitcoin goes below $20k, it can lead to the Bitcoin market into one of knife-catching.

Crypto Market is going through one of its worst phases. Extreme fears are prevailing in the market. The crypto fear and greed index hit its second-lowest level since August 2018, when it hit a value of 5, reaching a value of 6.

The current market sentiment is depicted in the screenshot below:

Bitcoin Breaks The Crucial $20k Support Zone

The shocking low in the crypto fear and greed index came at a time when the leading cryptocurrency by market cap broke the crucial $20k support zone and reached a local low of $18,302.93

Arthur Hayes, the former Bitmex CEO, in a blog post yesterday warned that the characteristics of weekends could lead to further losses by Bitcoin and Ethereum below $20k and $1k, respectively.

However, only the future will tell how low the asset classes can go! The top cryptocurrencies dropped below $20,000 and $1,000 respectively in an astonishing way.

អានផងដែរ - ពី bitcoin និង Ethereum គាំងរហូតដល់ 30% ដល់អង្សាសេ បញ្ឈប់ការដកប្រាក់ តើសប្តាហ៍នេះច្រើនពេកទេ? 

Arthur Hayes Asks Is BTC Okay?

The CEO tweeted about Bitcoin losing $20k by hinting at Michael Jackson’s hit of ‘Smooth Criminal’ by inquiring if Bitcoin is okay and if the Central Banker had struck it. Below is the tweet by him:

Alex Krüger: $20k Is Decisive For Bitcoin 

Alex Krüger, BTC and crypto community member, also did a similar analysis on Bitcoin losing its $20k support. Krüger in his analysis mentions that the market can turn into one of knife catching due to the Bitcoin losing $20k.

According to him, 20k is a decisive point for the crypto future. 

BTC is above 20k and it can continue being traded as a risk asset. With BTC above 20k crypto remains a somewhat investable asset class.

Bitcoin is above 20k and it can continue to be traded as a risk asset. With BTC above 20k crypto remains a somewhat investable asset class. “Below and it’s just knife catchers, retail DCA, investors and miners puking, hate and anger,” added Kruger. 

Nancy J. Allen គឺជាអ្នកចូលចិត្តគ្រីបតូ ហើយជឿជាក់ថា រូបិយប័ណ្ណគ្រីបតូ បំផុសគំនិតមនុស្សឱ្យក្លាយជាធនាគារផ្ទាល់ខ្លួនរបស់ពួកគេ ហើយដើរចេញពីប្រព័ន្ធប្តូររូបិយប័ណ្ណប្រពៃណី។ នាងក៏ចាប់អារម្មណ៍នឹងបច្ចេកវិទ្យា blockchain និងមុខងាររបស់វាផងដែរ។

ប្រកាសចុងក្រោយដោយ Nancy J. Allen (ឃើញ​ទាំងអស់)