fall below $63,400 has fueled much Fear, Uncertainty, and Doubt in the market. This assertion can be supported by looking at traders’ sentiment over the last 12-24 hours.
On that day, BTC depreciated and fell to $64,531, with many traders opining that a further decline was imminent. Contrary to those expectations, however, Bitcoin swung upwards and hit $67,169.With that in place, it is possible to see a repeat of that situation if bears continue to share their sentiment publicly. However, it is also important to look at the possibility from a metric-driven PoV.
Source: News Formal (newsformal.com)
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