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Showing posts with the label Bitcoin rebound

What's Happening with Bitcoin?

Bitcoin has been around $92k since November, and people are unsure if it will go up or down. Recently, it dropped below $90k for the first time since November, and it might be oversold. The market is feeling fearful, with the Fear & Greed Index at 46, which means people are nervous. When people are scared, they sell, but this could be a chance for others to buy at lower prices. Many traders are being liquidated, both long and short positions. bitcoin