Fear controls Bitcoin investors, where prices are less than $ 100,000

Bitcoin has struggled to restore a brand of $ 100,000, facing repeated rejection processes that caused a sharp withdrawal. Despite these setbacks, BTC showed flexibility and got critical support levels.

While long -term holders lose confidence, new investors use the market to land as an opportunity to accumulate at lower prices.

Bitcoin investors in fear

Fear and greed index currently indicates a declining feeling, which reflects the increasing uncertainty Between BTC holders. The index has decreased to the fear area for the second time only since October 2023. This shift indicates that many current investors have hesitated to participate actively in the market, pending a clearer recovery signal.

It can limit the long residence in the fear area of ​​BTC momentum in the short term. Many merchants may visit buying or selling until market conditions improve. Without renewed optimism, Bitcoin can struggle to generate the necessary demand for a strong outbreak towards new levels.

Bitcoin adoption rate, which measures the participation of the new address in daily transactions, showed signs of improvement. Currently 44 %, the scale indicates increasing interest from investors for the first time. This increase indicates that the new participants in the market benefit from BTC decrease Levels to place themselves to make future gains.

If this trend continues, it may provide a batch that affects the need for the Bitcoin price movement. The increased adoption rate is often preceded by the main gatherings as the new capital enters the market where new investors accumulate BTC; The possibility of a long -term upward trend despite price fluctuations in the short term.

Predic Predicting Price: Recovering lost subsidies

The current Bitcoin price of $ 97,293 reflects its ability to maintain subsidies above 95,869 dollars. This level has held a company over the past week, providing a basis for potential recovery. As long as the BTC remains above this support, the move towards the $ 100,000 resistance is still possible in the short term.

However, mixed market signals can retain Bitcoin besieged In the stage of monotheism. If the emotional feelings persist and new investors fail to pay strong demand, BTC may struggle to exceed $ 100,000. A long standardization stage can extend for several days, which prevents a decisive outbreak.

It will be necessary to have a transformation in the momentum to nullify neutral expectations. If Bitcoin succeeds in turning the $ 100,000 barrier to support, it may pave the way for the ongoing upward movement. The sure collapse will indicate the confidence of the renewed investor, BTC payment Towards higher price goals.