Santiment: Retail investor sentiment drops to "extreme panic," Bitcoin price may rebound

ChainCatcher news, Santiment posted on the X platform that Bitcoin’s price has fallen to a low of $65,600 for the first time since March 1, and retail trader sentiment has plunged into “extreme fear.”

Historically, collective panic sentiment is often a necessary factor for a rebound, as market trends typically go against public expectations.

Given the high level of uncertainty in the market regarding the war, and the continued lack of optimism about the price drop, a price rebound may occur.

BTC-0.83%
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