Bitcoin Price Forecast: Fear and Greed Index Falling as BTC Lose $84K

Today’s Bitcoin price forecast highlights the asset trading at $83,600, down 0.3% over 24 hours, and still below the $84,000 level bulls need to reclaim. The immediate question is whether that bounce can hold as sentiment cools and traders await US inflation data on October 14. CoinMarketCap’s Fear and Greed Index fell to 56 on Monday, down from 82 on August 26, while spot Bitcoin ETFs recorded a net $386.3M in outflows for October in the supplied market report. --> Bitcoin had dropped from a recent peak of $86,970 to $81,750 before recovering.