The price of Bitcoin has dropped to $100,000, leading to a fear and greed index score of 60 in a 'greed' market sentiment. However, reputed analysts are optimistic about Bitcoin's future, predicting that it will reach a new all-time high of $120,000 after the current sideways movement ends. This bullish sentiment is supported by a favorable macro-environment and increasing bullish momentum, making it difficult for Bitcoin bears to thrive.



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