BITCOIN SENTIMENT IN ‘WILD’ DIVERGENCE FROM REALITY AS $53K BTC TRIGGERS EXTREME FEAR – BTFD ALERT!

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Bitcoin BTFD

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Bitcoin has stabilized at around $55,000 after dropping by $6,000 in a single day — but crypto market sentiment is still in shock.

BTC price action is just 20% from all-time highs, but the market has reentered “extreme fear” for the first time since $43,000.

According to the Crypto Fear & Greed Index, as of Nov. 27, emotions are now at the most fearful since late September.

Meanwhile, Salvadoran President Nayib Bukele bought the Bitcoin dip again, investing more than $5 million into BTC as the price dropped under $54,000 Friday.

With the addition of the 100 Bitcoin, El Salvador now holds 1,220 BTC, worth roughly $66.3 million following the crypto asset’s drop to the $54,000s.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes & Resources:

https://cointelegraph.com/news/vitalik-buterin-proposes-calldata-limit-per-block-to-lower-eth-gas-costs

https://cointelegraph.com/news/el-salvador-celebrates-black-friday-buys-100-btc-for-20-off

https://cointelegraph.com/news/two-mas-regulated-bitcoin-funds-launch-in-singapore

https://cointelegraph.com/news/bitcoin-sentiment-in-wild-divergence-from-reality-as-53k-btc-triggers-extreme-fear

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