Retail Sentiment Dips as BTC Falls Below $113K: Is It a Buying Opportunity?

Current Market Sentiment: Bitcoin has dropped below $113,000, leading to the most negative retail sentiment since June 22, indicating widespread fear among traders.

Historical Context: Extreme pessimism in the market often signals potential buying opportunities, as past trends show that such sentiment crashes can precede significant price rebounds.

Market Dynamics: When retail investors panic and sell, institutional and long-term investors may start accumulating assets, creating conditions for future price recovery.

Caution for Traders: Despite the current bearish sentiment, Bitcoin remains within a broader bullish trend; traders are advised to look for confirmation signals before making aggressive investment decisions.