Bitcoin surged to an all-time high of $112,000 on May 22 but faced geopolitical uncertainty and market overexcitement.
Social sentiment for Bitcoin turned extremely optimistic at the peak, leading to an immediate correction and a reminder that extreme greed often precedes market pullbacks.
Recurring tariff-related discussions are now driving volatility, with sentiment showing bullish long-term expectations despite near-term instability.
BTC whales continue to influence market tops, with data indicating emotional extremes and external shocks dictating short-term moves despite bullish foundations pointing towards a potential $300K price but facing risks.