Investor doubts about Bitcoin may signal potential collapse — Coinotag

With the Federal Reserve (Fed) keeping its monetary policy unchanged and fluctuating employment data, Bitcoin investors are taking a fresh look at their portfolios due to unstable market sentiment.

Interest in buying bitcoin sharply contrasts with concerns about its potential collapse. After its price rose 11% in May, uncertainty has grown following the detection of a strong bearish divergence on the Relative Strength Index (RSI).

A clear divide has emerged between whales and retail traders. While large holders are distributing their assets, the smaller ones are accumulating BTC amid rising prices. This might be a sign of cautious optimism that could reshape market trends.

As Bitcoin balances on the edge of key support levels, the next few weeks will prove critical. A drop below the $100,000 level remains a risk, with investor behavior and sentiment likely to determine the cryptocurrency’s near-term trajectory.