Bitcoin flashed “greed” near 95,000 USD: Are you walking into the same trap as last cycle?

As Bitcoin touched 95,000 USD, a peak greed sentiment emerged, raising concerns reminiscent of previous cycles. Unlike prior explosive price movements post-halving, the current recovery appears sluggish, leading many to question whether this cycle will mirror past performance.

Despite facing tougher conditions post-halving, miners display resilience, anticipating higher future prices. Innovations like Lightning and Taproot may bolster Bitcoin’s utility and appeal, while accumulating confidence suggests a cautious optimism among long-term holders.