Bitcoin (BTC) is currently hovering at $62K after losing 0.42% in the last 24 hours.BTC has entered into the neutral zone as the Fear and Greed Index stays at 49.Bitcoin's intraday high was $63,174 and the low was $61,843. BTC is facing a bearish trend as the Moving Average Convergence Divergence (MACD) indicator suggests decreased buying pressure.