Crypto fear and greed index has dropped to 25 The market is experiencing extreme fear, while Bitcoin trades around 80,000 But if we rewind the clock six months ago, we had neutral readings on the scale, while Bitcoin traded for 65,000 This is what’s called “recency bias”, and you can leverage it Recency bias is a cognitive tendency where people give more weight to recent events, as opposed to older ones So that’s why we’re seeing higher fear readings at today’s 80K, than yesterday’s 65K So ultimately, we’ve got a huge fear spike right now, but I think the panic is overblown.