Взлет среди страхов: Биткоин может удивить рынок, несмотря на негативные настроения Headline: A Surge Amid Fears: Bitcoin May Surprise the Market Despite Negative Sentiments

Traders have shifted their sentiment to a negative outlook, anticipating a decline in Bitcoin to $100,000, Ethereum to $3,500, and a pullback in altcoins, as reported by analysts from Santiment.

“Given that the markets are moving counter to the crowd’s expectations, these past few weeks of FUD are a reassuring indicator that a significant downturn may never occur,” the experts noted.

Charles Edwards, founder of Capriole, pointed out that miners are selling the leading cryptocurrency at a pace not seen since prices were at the $19,000 level.

According to his observations, such a scenario could arise in two ways: either due to margin calls among cryptocurrency miners or if they are in profit and bearishly inclined. Edwards dismissed the first option.

“In all instances, the price has eventually risen within a month,” he emphasized.

Analyst and founder of MN Trading, Michael van de Poppe, suggested that if Bitcoin falls below $103,000-$105,000, market participants will declare the onset of a bearish cycle.

Benjamin Cohen, CEO of Into The Cryptoverse, stated that the leading cryptocurrency is still positioned slightly above the bullish market support level, indicating that “the exhausting September ordeal continues.”

At the time of writing, digital gold is trading at $111,800, gaining 1% over the week.

The cryptocurrency fear and greed index sits at a neutral level of 49.

Additionally, CryptoQuant outlined two potential scenarios for Bitcoin’s movement: either a continuation of sideways trading or further correction.