Social media metrics indicate that critical discussions regarding Bitcoin have surged, hitting their highest point for the entire year. This spike in FUD among crypto traders arrives as the asset hits a valuation of $84.2K today, marking its lowest price point since November 21st.

History suggests that such a pivot toward severe fear is often a precursor to capitulation. When this occurs, retail selling typically clears the way for smart money to purchase the available coins, which inevitably leads to a price recovery. In the short term, you should anticipate ongoing and unpredictable turbulence, given that the crypto markets are reacting to retraces currently affecting equities, silver, and gold.