Good morning, Zuozuo kept an eye on the crypto market overnight for you☕
Just last night, Zuozuo asked, “Is the 200-week moving average the historical bottom?” Then I woke up, and it turns out there’s a basement beneath the bottom🕳️
$BTC is now around 63,900, down 6.5% in 24 hours, after hitting a low of 63,326
The 200-week moving average is at 67,976, and the price is now about 6% below it
This week opened at 74,851, and the weekly candle is currently down 14.6%
$ETH also fell to 1,758, down 8.8% in 24 hours
The Fear & Greed Index is at 13, in extreme fear territory, down from 20 the day b