Bitcoin bears signal confidence at $70,400, while psychological price points reflect market sentiment—similar to what was seen at $97,000. This interesting mirroring of investor characteristics at different price levels shows how market participants react differently to the same scenarios depending on where the price is. The current market dynamics demonstrate a complex psychology: while some bears become optimistic at lower prices, the market struggles with continued price fluctuations. These opposing positions reflect the diverse trading strategies employed by professionals and retail invest
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