Historical data says so. Even though we have entered a period of extreme fear, taking risks may not be such a good decision these days. Especially the USA Iranian Considering that it is amassing soldiers and weapons in the region for its own sake, this may cause you to face double-digit losses instead of a potential gain of 2.4%. Now let’s look at the details of this.
Should I Buy Bitcoin?
It’s up to you to decide, but based on historical data, Nic says that from his perspective, it’s not a good option. But you can see that the purchase makes sense from different perspectives. Even though the decision is yours, it may be in your favor to expand your perspective by looking from different windows.
“Buying BTC during the “Extreme Fear” period is NOT the best option.
Historically, purchases made when the Fear and Greed (F&G) index is below 25 have had a 90-day average rate of return of just 2.4%. In contrast, purchases made during the “extreme greed” period had a 95% 90-day return rate.
The Fear&Greed index is nothing more than a backward-looking momentum indicator. “It is not very suitable for predicting returns.”
On the other hand, over the next 90 days, attacks against Trump that are likely to increase due to tariffs, Iran, and the upcoming midterm elections will come one after another. This situation is very cryptocurrencies not in your favor. Additionally, AI bubble discussions are still hot and will likely continue.
Liquidity heat map It tells us about 2 key areas. Clusters below $66,000 and above $71,000 are concentrating, so one of them must break if we are to see a move in the short term. Then, either the decline will deepen or a return from the bottom will begin. Judging by the troops and equipment that the USA has accumulated in the region, conditions seem to be in favor of a decline.
Ripple (XRP)
Lawsuit over, XRP Ledger thriving, ETF approvals in and despite countless good news XRP Coin It continues to remain below $2. For investors who longingly watched these levels in bear markets, figures below $2 are now seen as a loss.
In case of a possible return from the bottom, XRP Coin can react quickly as in previous examples. Here, the $1.42 support should be maintained and the $1.51 threshold should be gained.
