Bitcoin’s Descent: A Tale of Panic and Peculiar Metrics đ

On the 18th of October, Mr. Kesmeci took to X (formerly Twitter) to regale us with a series of on-chain signals so profound they could make a stoic Greek philosopher weep into his ouzo. The Fear and Greed Index, that most melodramatic of financial barometers, has plunged into the âextreme fearâ territory, a place where even the most bullish investor might pause to reconsider their life choices. Yet, as Mr. Kesmeci astutely observes, such moments of collective dread are often the prelude to a market bottom, not unlike a thunderstorm preceding a particularly enthusiastic sale at Harrods.



