Bitcoin‘s (CRYPTO: BTC) future looks set for gains, with industry leaders citing a surge in market sentiment and a growing trend of long-term holding, despite looming resistance levels, as the cryptocurrency trades at $86,550, down 2% in the past day.
Speaking with Benzinga, experts see key indicators aligning for upward movement through Q2 and beyond, driven by fresh capital and regulatory shifts.
Blake Jeong, Co-CEO of IOST, highlights the shifting sentiment captured by the Crypto Fear and Greed Index, which has moved from “extreme fear” to a neutral score of 47 within a week.
“If bullish sentiment continues to accelerate, …
Full story available on Benzinga.com