The chain of events that lifted Bitcoin began in early April. Hours before the deadline set by US President Trump, the US and Iran reached a two-week temporary ceasefire agreement mediated by Pakistan, with formal peace talks scheduled in Islamabad.
Sentiment Data Shows Fear Still Dominating The MarketThe data shows that even during recent price pushes, skepticism is still outweighing excitement. It is important to note that that type of environment has often aligned with continuation moves. When price rises without a surge in crowd optimism, rallies tend to face less immediate selling pressure from overheated positioning.
Featured image from Pexels, chart from TradingView
