Data from CoinMarketCap revealed that 82% of users are bullish on Bitcoin, while only 18% expect bearish outcomes.
Supporting this sentiment, the Crypto Fear and Greed Index at press time was reading 66, indicating a strong “greed” phase, which typically signals investor confidence and buying interest.
On top of that, the Altcoin Season Index also pointed to this being a dominant “Bitcoin season,” where BTC is outperforming most major altcoins.
However, not everyone is convinced by the bullish sentiment.
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