Bitcoin just reminded everyone how quickly sentiment can change.
$BTC surged above $86,000, reaching its highest level since January, while recent ETF inflows and institutional buying have added to the momentum.
But here's the important question:
Is this the beginning of a larger recovery, or is the market getting overheated after a fast move?
With sentiment already in the Extreme Greed zone, chasing green candles comes with increasing risk.
$BTC remains the chart to watch.
#BTC #Bitcoin #Crypto #BitcoinPrice #BinanceSquare
$BTC surged above $86,000, reaching its highest level since January, while recent ETF inflows and institutional buying have added to the momentum.
But here's the important question:
Is this the beginning of a larger recovery, or is the market getting overheated after a fast move?
With sentiment already in the Extreme Greed zone, chasing green candles comes with increasing risk.
$BTC remains the chart to watch.
#BTC #Bitcoin #Crypto #BitcoinPrice #BinanceSquare