Bitcoin sentiment falls into 'fear' as BTC price action hits $42.9K breakdown target

Cointelegraph

Published Apr 07, 2022 11:38AM ET

Updated Apr 07, 2022 02:40PM ET

Bitcoin (BTC) kept disappointing hodlers on April 7 as the Bitcoin 2022 conference got underway to a limp BTC price performance.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped below multiple support levels to reach its lowest since March 23.

BTC/RUB 1-day candle chart (Binance). Source: TradingView
Crypto Fear & Greed Index (screenshot). Source: Alternative.me

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