Bitcoin has experienced significant price volatility, with its value seeing drastic changes. It fell sharply from over 102,000 USD to 91,250 USD, which marked a new low since late November 2024. Traders have become bearish, indicated by the neutral shift of the Fear and Greed Index, suggesting potential upcoming Movement.
Despite the bearish sentiment, crypto analytics firm Santiment hints at a possible bullish Movement. Bitcoin has a tendency to move against crowd expectations, implying that the current negative sentiment could lead to a significant price surge. Historically, BTC has rebounded with large movements in such situations.