The Fear and Greed Index, a sentiment indicator for bitcoin, has been showing a sustained 'extreme fear' reading in recent days. Similar readings in the past have preceded a 200% rise in BTC. This has led some analysts to believe that this could be a signal that bitcoin prices are bottoming out and could move higher in the coming weeks. The index, which measures investor emotions, helps identify potential buying opportunities when fear is high. However, market volatility and macroeconomic uncertainties, such as trade tensions, are still factors that could impact bitcoin's performance. Traders are now awaiting more clarity from the upcoming White House Crypto Summit for further guidance.



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