The crypto market sentiment is improving as Bitcoin holds above $90,000, with the Fear & Greed Index showing “Extreme Fear” at 25, up from earlier. Analysts are debating when Bitcoin could reclaim $100,000, with some predicting a bullish trend if it hits $93,000 or $94,000 first.

Recent rise in bearish sentiment on social media has historically signaled positive momentum for the crypto market. Despite this, even bullish figures like BitMine chair Tom Lee are adjusting their forecasts, with Lee now suggesting Bitcoin could reclaim $100,000 and potentially set a new all-time high above $125,100.

As the market enters December, historically a mild month for Bitcoin with an average return of 4.75% since 2013, some are questioning whether the trend will continue this year. With October and November failing to meet expectations, market participants are unsure if December will follow historical patterns.

Read more at Cointelegraph: Crypto Sentiment At Levels When BTC Last Traded Above $100K