Bitcoin's price has been struggling to regain the $100,000 mark, resulting in sharp pullbacks. Long-term holders are losing confidence, but new investors are taking advantage of the bear market to accumulate at lower prices. The Fear and Greed Index indicates a bearish sentiment among BTC holders, potentially limiting short-term momentum. However, Bitcoin's adoption rate is increasing, which could provide a boost for its price movement and strengthen the likelihood of a long-term uptrend. Currently, Bitcoin's price is supported above $95,869, creating a foundation for potential recovery. Mixed market signals and a lack of strong demand from new investors could prevent a decisive breakout past $100,000, but a successful breakthrough could lead to sustained upside movement.
Content Editor ( beincrypto.com )
- 2025-02-10
Bitcoin Struggles to Break $100,000 as Fear and Greed Index Reflects Investor Caution
