Bitcoin's social sentiment has reached its lowest level of 2024, indicating negative retail emotions as the cryptocurrency trades at $97,150.
Contrarian analysts see this low sentiment as an opportunity for Bitcoin to rebound, potentially reaching above $100,000.
Crypto analysts point to historical fractals suggesting a recovery above $100,000 before year-end, while one analyst suggests the correction could persist for another week.
Experts predict a bullish outlook for Bitcoin beyond 2024, with a potential rise to $160,000 by the end of 2025.