Bitcoin's price has dropped to $62,264 today, reflecting a 2.1% decrease as traders locked in profits following recent highs. The market has cooled off after a bullish run in September, but analysts remain optimistic about a potential recovery later this month.
Fear and Greed Index: 48 (Neutral)
The index shows a slightly cautious market sentiment, with traders awaiting fresh signals before making significant moves.
Prediction:
If Bitcoin can hold above $62,000, it may attempt to reclaim $64,000 by mid-October.