The Fear and Greed index for Bitcoin has reached a neutral point, which could improve the short-term outlook for the cryptocurrency and potentially open up a path to $100,000. However, if the market sentiment falls further, it may not benefit the bullish momentum. Bitcoin has been trading in a sideways range between $92,500 and $107,000, with the lower support level and upper boundary serving as resistance. The future prospects for Bitcoin are still positive, as significant breakouts often follow consolidation phases. However, the market remains cautious, and a rebound in buying pressure or macroeconomic factors may be needed for Bitcoin to surpass its prior highs. A breakout from the current sideways channel will determine whether Bitcoin can push towards $100,000 or if more consolidation is necessary. Key levels to watch are around $100,000, and it is important to manage stop-losses accordingly.



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