Bitcoin sentiment hits record low as contrarian investors say $60K was BTC’s bottom - Source: CoinTelegraph

Bitcoin pushed back above $71,000 on Monday, after market sentiment indicators across the crypto market dropped to new lows.

Some analysts believed that “extreme fear” and upside liquidity may help Bitcoin hold above its yearly-low at $60,000, but others warned that weak market conditions and bearish futures volume may push prices even lower.

Story continues: https://cointelegraph.com/news/bitcoin-sentiment-hits-record-low-as-contrarian-investors-say-dollar60k-was-btc-s-bottom