Bitcoin Price (BTC) Crash to $53K Pushes Fear & Greed Index to Lowest Since Early 2023

Markus Thielen, founding father of 10x Analysis trimmed his $55,000 worth goal to $50,000. “This case might compel ETF holders and miners to liquidate extra positions,” he stated in an emailed notice, including that August and September are traditionally “difficult months” for bitcoin. Nevertheless, he added, “if the Federal Reserve cuts rates of interest in September, bitcoin might see one other rally try.”