Investor fear passes FTX crisis levels as Bitcoin struggles below $85K – BitRss

• Investor sentiment hit a 3-year low of ‘extreme fear’ below FTX ($0.00) implosion. 
• Analysts had mixed views on BTC ($84,276.94)’s next price direction. 

On the 26th of February, investor sentiment dropped below post-FTX implosion levels as Bitcoin [BTC] extended its losses to $82K.

The crypto fear and greed index dipped to a 3-year low of 10, the worst sentiment relative to ‘extreme fear’ of 22 seen during the FTX collapse in 2022. 

The risk-off sentiment saw investors withdraw $1B from BTC ETFs on Wednesday, bringing weekly outflows to $1.8B,