Bitcoin Jumps Nearly 5%! 📈
Bitcoin surged 4.81% today, reaching $68,598. Here’s what you need to know about this move.
Current Price: $68,598
Bitcoin is trading at $68,598 after gaining $3,146 in the last 24 hours. Strong momentum continues.
Market Sentiment: Extreme Fear 😰
Fear & Greed Index shows 11 – Extreme Fear. Historically, this can signal buying opportunities.
Fear + Price Rally = Contrarian Signal?
Bitcoin rising during extreme fear is unusual. Smart money may be accumulating while others panic.
What’s Driving the Rally?
Despite fearful sentiment, Bitcoin’s 4.81% gain suggests institutional buying or short squeezes.
What Happens Next?
Watch for continued divergence between price and sentiment. This could signal a trend reversal ahead.
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About the Author: Ananya Melhotra
