Bitcoin’s (BTC) Rally to $80,000 May Be Short-Lived as Greed Overtakes Investors Bitcoin faces selling pressure as holders take profits, indicated by the rising realized profit/loss ratio, slowing upward momentum.
The Fear and Greed Index shows rising greed, often leading to pullbacks as investors sell off assets, preventing BTC from reaching new highs.
BTC needs to reclaim $65,000 to confirm a 35% rally toward $80,000, but failure may lead to a drop below $61,846 and delay the bullish momentum.$BTC