Bitcoin price analysis sees a collapse in the Crypto Fear & Greed Index as a "good sign," with a BTC price relief bounce due.

Bitcoin continues June with a dip below $70,000, its first since mid-April, as crypto markets spark $800 million in liquidations over 24 hours.

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

The jump signals return of fear after two months of calm market sentiment.

Bitcoin plunged to nine-week lows around $65,000, wiping out $1.8 billion in crypto positions and raising fears of a deeper move toward $60,000.

Bitcoin price analysis sees a collapse in the Crypto Fear & Greed Index as a "good sign," with a BTC price relief bounce due.

Bitcoin trades at $65,853 as the Fear & Greed Index hits 11. ETF outflows, $1.8B in liquidations, and $50K calls dominate crypto.

Veteran commodity strategist and Bloomberg analyst Mike McGlone says Bitcoin (CRYPTO: BTC) and broader crypto markets may still be far from a true bot

Bitcoin price is holding a risky position near $65,000 Wednesday, down roughly 12% over the past seven days and trading at its lowest level since February as

The selloff has triggered demand for protective options plays, pushing the fear gauge higher.

Bitcoin price plunged below the Bitcoin Rainbow Chart’s lowest “Basically a Fire Sale!” band for only the second time since the FTX collapse, while the Fear and Greed Index sank…