Market Recovery: $BTC Finds Support at $78K Amid "Extreme Fear"
Headline Suggestion: Bitcoin Rebounds to $78,000: Is the Bottom in After the Recent Capitulation?
Key Points:
Bitcoin $BTC has stabilized near $78,000 after a volatile weekend that saw prices dip toward $74,500.
The Fear & Greed Index has plummeted to 14 (Extreme Fear), which historically often signals a potential market reversal or "buying the dip" opportunity for long-term holders.
Over $2.2 billion in leveraged positions were liquidated on January 30th, flushing out over-leveraged traders and setting the stage for a cleaner recovery.