$BTC is trading at $90,000, yet the crowd is terrified. 😱😱
This is the most bullish signal you will ever see.
The Fear & Greed Index is sitting at 29 (Fear) while price is hovering near al time highs. Read that again. Usually, Fear only happens when price crashes 50%. To see this level of negative sentiment while we are this high up means one thing: Disbelief.
Retail traders are paralyzed, waiting for a crash to $70k that might never come. They are confusing consolidation with distribution. Meanwhile, onchain data shows long term holders are barely selling. The market is climbing a "Wall of Worry." When the crowd is scared to buy the dip in a bull trend, that is exactly when the supply shock kicks in. If we hold the $88k support this week, the squeeze to $100k will catch 90% of this app off guard.