Bitcoin has dipped below 106,000 USD, with predictions it could fall to around 100,000 USD soon. However, the lack of significant sell-off suggests that investors are confident and not panicking despite geopolitical tensions and inflation.
Investors are adopting a wait-and-watch strategy, reflecting a healthy holding mentality. On the sentiment index, the reading stands at 46%, and for recovery, it needs to surpass 60-65%. This shows a cautious but resilient outlook among Bitcoin holders.
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