Santiment flags risk as crypto bullish talk spikes while BTC holds $80K
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- Crypto Fear & Greed Index dropped to a “Fear” reading of 38 on Friday, according to alternative.me.
- Santiment flagged a pullback to $75,000 as the ideal scenario to flush late longs, reset sentiment, and build a healthier base.
- Santiment observed a rise in Bitcoin supply on exchanges over the past five days, suggesting early profit‑taking.
- Michael van de Poppe of MN Trading Capital said a retest of $70‑75k before a further run would not surprise him.
- Matthew Hyland projected Bitcoin could climb to $87,000‑$95,000 by June.
Why it matters: Traders who short Bitcoin are positioned to profit from a potential $70‑75k dip, while long‑term holders risk further erosion as exchange inflows rise and fear sentiment deepens.
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