“Fear and Greed” Index exits “Extreme Fear” territory for the first time in 73 days, the longest period ever.

With our recent short relief that we have and now Bitcoin actually pushing over 23k for the first time since weeks. The Fear and Greed Index has finally recovered too. After 73 days consecutively in the "Extreme Fear" territory, the longest period EVER, we have now finally entered the "Fear" territory as Crypto seems to be rallying for a few days.

The Fear and Greed Index finally recovering does not mean at all that we have reversed in any kind, we probably have not as the outlook is just as dark as it has ever been with a possible recession coming up. But it's surely a relief rally that we finally got, the first one since April of this year.

Relief rally or reversal we can't know that yet but surely we have finally something to be happy for and we should be. But cautious too as everything is just as unstable as before.