Is extreme fear actually a buy signal? The new data vs. the old playbook
The Crypto Fear & Greed Index sits at 9 (Extreme Fear), with Google searches for "Bitcoin going to zero" hitting all-time highs. Traditional wisdom suggests buying during panic, when weak hands capitulate. However, analyst Nic Puckrin's data shows Bitcoin's average 90-day returns during Extreme Fear are modest compared to 95% gains during Extreme Greed periods. Critics argue the 12-month view matters more: historically, Bitcoin averaged 300%+ gains a year after Extreme Fear. The debate highlights different timeframes and strategies for navigating sentiment extremes.











