Will Greed Begin to Make Markets Bleed After Expectations Exceed?

🤑 Bitcoin's unexpected breakout has flipped the script for the crypto community. Data shows a surge in optimism from the crowd as $BTC rebounded above $95K for the first time since February.

As for the level of greed being measured across social media, this is the highest spike in bullish (vs. bearish) posts since the night Trump was elected on November 5, 2024.

Look for a flat performing crypto weekend, or mild retrace, as signals to retail traders who may want to take profit. If they sell here because they think we are seeing a top, whales would likely scoop up those coins and potentially push Bitcoin above $100K in the next 1-2 weeks.

The crowd's level of greed vs. fear is very likely going to influence whether a local top forms (because the crowd gets too greedy), or if crypto can continue to decouple from the S&P 500 (because the crowd tries to prematurely take profit).

Monitor the gold bars (representing greed vs. fear) here, and see what others in crypto can't during this crucial moment: https://app.santiment.net/s/T8sXlGIa?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_fomo_%2495k_b_042525/&fpr=twitter