Traders Eye $110K Bitcoin, but Santiment Warns of Overheated Optimism
2025-07-09 12:10:57
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Description
Crypto traders are growing confident that Bitcoin could soon reclaim the $110,000 mark, but this rising optimism may not be as bullish as it appears, according to blockchain analytics platform Santiment. Analyst Brian Quinlivan highlighted that excessive retail enthusiasm often precedes local price tops, warning traders to exercise caution even as sentiment indicators flash green. “It’s pretty clear that the crowd is starting to salivate over a potential $110K+ Bitcoin market value,” Quinlivan s...
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