Crypto analyst suggests Bitcoin could drop to $75,000 as traders lack fear of market bottom. Bitcoin currently at $88,350, up 1.81% in 30 days. Analyst warns against overly optimistic sentiment online, cites Japan’s central bank rate hike potentially leading to 20% Bitcoin correction. Fidelity predicts possible $65,000 price in 2026.
While analyst remains cautious, market indicators show signs of bottom. Crypto Fear & Greed Index in “Extreme Fear” since Dec. 14. Altcoin Season Index at low, indicating risk-off positioning among traders. Some analysts predict 2026 as an “up year” for Bitcoin. Market sentiment remains mixed amidst uncertainty.
Read more at Cointelegraph: Crypto Market Sentiment Not Fearful Enough For Bottom: Santiment
