Since the last time Bitcoin sold the 92-96 index and is now officially in a bear market. Since the sell, it is already down 20%. Yesterday it closed below 200 days MAV and broke the uptrend line that started in October 2020. I wouldn't be surprised to see it rally back to sell 16-20 index around $43000-$45000 and then continues down to $20000. Since the breakdown, I have been trying to find one single bitcoin commentator being scared or bearish but I couldn't find a single one. The sentiment is absolutely bullish.
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