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According to Market Data, Bitcoin has crossed the 86,000 USDT benchmark and is now trading at 86,093.992188 USDT, with a narrowed 2.17% increase in 24 hours.$BTC

Bitcoin’s recent behavior has generated mixed reactions , especially among top analysts. Analysts’ projections about the future of cryptocurrency highlight their sentiment and the level of support they have for digital assets. Experts who believe in Bitcoin’s growth consider the current behavior a temporary pullback, while opposing voices think the pioneering cryptocurrency has run its course and is destined to fail. A discussion between two renowned crypto experts on X highlighted the divided opinions of digital asset users, splitting them into opposing groups. The first experts noted his recent appeal toward BTC, citing how he has made his largest Bitcoin purchase in the last six months. According to the expert, the buying opportunity was a “fire sale” he could not ignore. An opposing voice renowned for criticizing Bitcoin responded to the initial post by describing the latest bull run as a bubble created by a Wall Street hoax and stablecoin fraud. According to the Bitcoin critic, the recent BTC price decline signals a bubble burst, making it the worst time to buy Bitcoin. Related: CZ vs. Analysts: Is Bitcoin Following or Breaking Past Cycles? In the meantime, the critic predicted the current Bitcoin crash would continue until the digital asset’s price drops below $10,000 and claimed his prediction was 99.99% accurate. It is worth noting that the Bitcoin critic did not provide any unique data for his prediction. However, his recent posts on X highlight the events that may have triggered the recent crypto market decline, including ETF selloffs and changing government policies. Related: Bitcoin Crashes Alongside Massive Spot BTC ETF Outflows The critic made several posts in the last week of February, reporting potentially damaging events in the crypto industry. On one occasion, he highlighted BlackRock selling off 5,000 Bitcoins in one day, describing it as the most significant outflow since the ETF launch. The analyst claimed the Bitcoin setup is a calculated rug pull by Wall Street to deprive the people. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The crypto market is under severe bear pressure , and a glance across the price chart of the top cryptocurrencies reveals this. Bitcoin, the largest cryptocurrency by market capitalization, lost nearly 24% in the past month, leading other cryptos to a massive loss of value in the cryptocurrency market. Last month’s events have changed the crypto market narrative, flipping a once bullish market into a significantly bearish environment. The swift change in narrative impacted users’ sentiments, with the crypto market moving from a greedy sentiment to extreme fear in less than 30 days. A historical assessment shows the crypto market was “Greedy” last month and “Neutral” a week ago before shifting into “Extreme Fear” in the past few days. How quickly things changed in the market has triggered FUD, leaving many traders confused and unsure whether to hold on to their positions or to sell off their portfolios. Related: Crypto Market Plunges to “Extreme Fear” – Time to Buy? For context, the Fear and Greed index measures the emotional state of crypto market participants. The analysis tool measures users’ reactions using human behavioral data and their potential behavior under varying market conditions. People tend to get greedy during bull runs because of the Fear Of Missing Out (FOMO). In contrast, they often sell their assets during market declines because of Fear, Uncertainty, and Doubt (FUD). Expert traders have figured out ways of capitalizing on human behavioral tendencies to find profitable opportunities in the crypto market. Therefore, experienced traders often consider extreme fear market conditions as buying opportunities, noting the chance that digital assets would be at their lower prices and more affordable. In contrast, they see greedy conditions as opportunities to sell. Related: Bitcoin Bull Run Cycle? Chart Points to Next Phase for BTC with Price Analysis That explains the zig-zag behavior of the crypto market, highlighted by the past month’s trend when the market tumbled from “Extreme Greed” to “Extreme Fear” over a short period. Considering the prevailing situation, many top experts believe the cycle will continue, and traders who purchase crypto at the current price could be making the right decision. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

I have 1673 $PI coin hope that price will be more than 5$. this is my favourite project ever$PI $BTC

🚨 Bitcoin Double Top Alert? 🚨 📉 The $BTC 2H chart is showing a potential double top formation near $86,000. This pattern can indicate a possible trend reversal or at least a short-term pullback! 🔍 If BTC fails to break above resistance, we might see a drop toward support levels around $85,000 or lower. But if it breaks out, 🚀 we could see a new leg up!