Coin-Turk 13 minutes ago
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Bitcoin (BTC ($96,561.38)) 
$96,992 experienced a brief scare on January 13, dropping below $90,000. According to Santiment’s data, frequent mentions of “90 thousand dollars” on social media indicated growing investor anxiety. Contrary to expectations, however, this situation foreshadowed a market rebound. By the time of reporting, Bitcoin had rebounded significantly, trading at $96,400.
The Dramatic Dip and Subsequent Recovery of Bitcoin
The plunge of Bitcoin to $88,900 on January 13 shocked investors. During this decline, Santiment observed a prevailing panic on social media platforms.
Santiment Bitcoin AnalysisIntense discussions regarding the “90 thousand dollars” mark indicated that the market was gripped by extreme fear. Santiment highlighted that investor overreactions in such situations are often view…
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