Bitcoin: Sentiment Hits Highest Since Late 2024
Bitcoin sentiment index reaches peak since late 2024 at $77186, matching post-election levels with short-term pullback likely amid MACD death cross.
SourceAnalysis
Bitcoin sentiment has climbed to the highest level since late 2024 on an intraday basis, matching the post-election and Saylor pump peaks and driven by the CFAG index plus BTC option skew according to Andre Dragosch.
At $77186.02 the price holds above the EMA50 support at $72100.41 and EMA200 at $66843.44 inside the Bollinger band, yet the MACD death cross at 1846.98 combined with neutral RSI at 66.13 points to exhaustion near upper band resistance of $78675.78, making a retracement to the 50-EMA probable before any further upside continuation in BTC price prediction models.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.
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