The Bitcoin market is absorbed by fear as BTC’s fear and greedy indicators enter the red zone and show 29 at this point.
The Bitcoin Market is Horrified
This happened because the price of the world’s biggest cryptocurrency has dropped by 2.5% today, with BTC changing its hands at press time, from the price mark of $85,830 to $83,812. Traditionally, the zone of fear and particularly extreme fear has shown concern for investors, indicating purchase opportunities that could precede a price surge.
As for the zone of greed and extreme greed, the market heats up and enters them when it moves towards correction.
Bitcoin’s fear and greedy indicators are 29~ fear
Current price: $83,689 pic.twitter.com/difsgrzhi8– April 16, 2025
Bitcoin ETF resumes positive inflows
On-chain analytics account @lookonchain is publishing updates for today’s Bitcoin ETF Netflows. Investor sentiment appears to have been bullish once again as exchange sales funds tracking the price of Bitcoin are watching influx again after losing Bitcoin last week.
The total Netflow includes 672 bitcoins, or $5,638 million. However, out of the 10 ETFs, only four people have fresh Bitcoin in them. BlackRock is leading towards here with an influx of 455 BTC (worth $38.16 million). Currently, the largest company Bitcoin owner holds 571,869 BTC worth $40.1 billion. These ETFs are stacking Bitcoin to support ETF stocks sold to investors.
The ARK21 strain and Bitwise ETF absorbed 160 and 131 BTC, respectively. The last of the four ETFs with today’s positive influx was Franklin at 58 BTC. Valkyrie and Invesco Galaxy are facing a spill of 19 BTC and 104 BTC.
