The post Bitcoin Rebounds: Have the Bulls Taken Over the Rally or More Bearish Action is On the Horizon for the BTC Price Rally appeared first on Coinpedia Fintech News
The market sentiment has dropped to 20 for the first time in recent memory, indicating fear. Besides, the ETFs witnessed a major outflow of over $1 billion, with Blackrock recording over $418 million or 4,200 BTC—the single-largest outflow. This dragged the Bitcoin price close to $82,000, which attracted massive buying interest. Currently, the bulls have …