🫨 Bitcoin sentiment is at an extreme low during a time you may expect FOMO to be trickling in. Despite $BTC surpassing $77K today (for the first time in 11 weeks), there are 3 bearish comments for every 2 bullish comments about Bitcoin.

😫 Retail is experiencing quite a bit of fatigue related to the ongoing war and continued ceasefire announcements, which sometimes turn out to be true... and sometimes not so much. So even though there is an end-of-week rally related to Trump's latest announced ceasefire, retail appears to be taken any news with a grain of salt.

📈 The good news is that this FUD and profit taking highly increases the likelihood of a continued rally. Many traders are confidently that BTC will "top out" around $84K at most. This also is a good sign that a rally can shoot right past the small traders' expected outcomes, and potentially surge to $90K+. Markets nearly always move opposite to the crowd's expectations, so avoid following the herd!

📰 Of course, news can change in a split second. So things can change rapidly, based on whether the war really appears to be winding down, whether the S&P 500 can continue pushing toward more historic all-time highs, and whether the Clarity Act reaches its full passage, and plenty of other factors.

🔗 Keep track of Bitcoin's fear and greed here on this chart, and toggle between thousands of other cryptocurrencies as well!