Bitcoin News

Story: Traders Watch Bitcoin’s Bull–Bear ‘Tug-of-War’ as Market Sentiment Splits

By Evie Vavasseur

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Sentiment Split Between Deep Correction and Sharp Rebound. Fresh data from Santiment’s research platform, Sanbase, shows that Bitcoin discussions on Thursday…

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Conflicting Macro News Creates Market Pressure. Nic Puckrin, analyst and co-founder of The Coin Bureau, described the current situation as a…

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Technical Indicators Show Weak Momentum. Despite the potential for a rebound, many technical indicators continue to point to weakening…

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Fear Levels Hit Extremes — A Potential Opportunity?. The Crypto Fear & Greed Index, a widely watched sentiment gauge, dropped to 14 on Friday,…

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What Traders Are Watching Next. As Bitcoin enters the weekend, analysts say the market is likely to remain volatile.

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Bitcoin traders are entering the weekend with sharply divided expectations, creating what analysts describe as an ongoing “tug-of-war” between bulls and bears.

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Bitcoin briefly fell below $87,000 on Thursday — its lowest level since April. According to market intelligence platform Santiment, social media discussions have since turned…

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However, heading into Friday, traders increasingly discussed the possibility of lower prices.

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The uncertainty largely comes from two major macro catalysts:

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Falling expectations of a December Federal Reserve rate cut, which dampens risk appetite across markets.

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Stronger-than-expected earnings from Nvidia, easing concerns about a potential slowdown in the AI sector and offering a boost to broader investor sentiment.

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Puckrin noted that if this improving sentiment carries into the weekend, Bitcoin could follow with an upward move.

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Indicators such as momentum, money flow, and trading volume have all trended lower this week.

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She added that the current volatility stems from a combination of factors:

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Tightening liquidity across global markets

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