Bitcoin Fear & Greed Index is at 10 as of March 2020. The difference? The price of Bitcoin is at $42K this time, and it had touched $3.2K in March 2020. Don't panic, just zoom out.

The Bitcoin Fear & Greed Index is at 10 today. The lowest level since March 2020. At that time, the COVID-19 pandemic had just started to spread around the world, and we had a liquidity crisis in all liquid markets.

This caused the price of Bitcoin to drop by more than 50% in a few hours to a low of $3.2K on some trading platforms.

The fear was extreme. However, a strong rebound was quickly observed thanks to the HODLers of last resort who had seen a unique opportunity to seize. What happened next proved them right.

Today, the price of Bitcoin is at $42K. This is almost 40% lower than the ATH of November 10, 2021, at $69K. But is it time to give in to extreme fear? I don't think so. Above all, we must keep control of our emotions and take a step back. Don't panic and take a step back. It's as simple as that.

If you doubt it, ask yourself this question: would you have been in extreme fear if someone had told you two years ago that the price of Bitcoin would have been $42K in January 2022? I don't think so!

Don't let short-term volatility override Bitcoin's long-term goals. In a few years, the current period will not even appear on the Bitcoin price chart.

Stay strong, Stay Bitcoin HODLers.