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Breaking News: XRP $10 By 2027? Top Expert Flags Two Must-Happen Catalysts For A Bull Run

Bitcoin Fear & Greed Turns Neutral For First Time Since January

Keshav Verma
Keshav Verma
Last Updated: April 28, 2026 2:00 am
2 mins read
Bitcoin

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Data shows fear has faded among Bitcoin traders as the Fear & Greed Index has improved to the neutral territory for the first time since January.

Bitcoin Fear & Greed Index Has Surged To A Value Of 47

The “Fear & Greed Index” is an indicator created by Alternative that tells us about the sentiment present among investors in the Bitcoin and wider cryptocurrency markets.

The index makes use of a numerical scale running from zero to hundred to represent the trader mentality. All values on this scale below 47 imply the presence of a fearful sentiment, while those above 53 correspond to greed in the market. The indicator being between these two cutoffs naturally suggests a net neutral sentiment.

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To calculate its score, the Fear & Greed Index incorporates the data of five metrics: volatility, trading volume, market cap dominance, social media sentiment, and Google Trends.

Here’s how the current Bitcoin market sentiment looks based on these factors:

Bitcoin Neutral
The value of the metric is 47 right now | Source: Alternative

As displayed above, the Fear & Greed Index has a value of 47 at the moment, which implies that the cryptocurrency traders as a whole share a neutral sentiment. This mentality is a new one for the market, as traders were quite fearful just earlier.

From the chart below, it’s visible that the indicator has spent most of its time in 2026 sitting deep inside the fear region.

Bitcoin Fear & Greed
The trend in the Fear & Greed Index over the past year | Source: Alternative

Since the end of January, the market has not only been stuck inside the fear region, but it has actually been in its deepest trenches, inside a zone known as the extreme fear. This region, which corresponds to index levels of 25 and lower, is where FUD among investors is at its strongest.

The recent wave of extreme fear in the digital asset sector was a consequence of the bearish action that the various assets have seen since Q4 2025. The latest market recovery, however, has finally broken this spell of extreme despair. With a value of 47, the Fear & Greed Index is currently at its highest level since January, when Bitcoin and other coins observed their first major relief rally of this bear market.

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Back then, the rally ended up fizzling out before long, so it only remains to be seen what the fate will be of the current surge. A key difference between the two rallies is that the latest one has arrived after the market has already spent an extended period in the extreme fear zone, which is where major bottoms have historically tended to form. As such, it’s possible that a low may already be behind for the cryptocurrency market, but only time will tell if that’s the case.

BTC Price

At the time of writing, Bitcoin is trading around $77,800, up 3% over the past week.

Bitcoin Price Chart
Looks like the price of the coin has moved sideways recently | Source: BTCUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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