Bitcoin (BTC) is struggling to regain $100,000 as support, leading to speculation about its next move. Veteran trader Peter Brandt has highlighted a similarity between Bitcoin's current pattern and a pattern from 2018, suggesting that Bitcoin could follow a similar trajectory. The Fear and Greed Index shows that Bitcoin's macro momentum is moving from Extreme Greed to a lower greed zone, which historically has led to sharp corrections. However, the moderation in market sentiment could provide a window for short-term gains. Bitcoin is currently trading at $94,224 and needs to secure $95,668 as support. Reclaiming $100,000 as support could indicate a short-term bullish trend, while failing to hold $95,668 could push Bitcoin further down to $89,800 and prolong uncertainty for investors.



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