Bitcoin Sentiment Shifts to Neutral at 44: Will BTC Hit $90K or Fall Below $80K?

As BTC rebounds to $85,000 following a current market dip, Bitcoin’s Fear & Greed Index is nearing neutral. The index, which measures investor attitude, climbed from 34 (fear) to 44, showing increased confidence but not yet approaching greed. Historically, market bottoms have been defined by great fear levels; high greed signals possible turnarounds. Traders are looking for the next move given Bitcoin’s price stabilisation. Let’s examine the main market signals: will BTC drive further to greedy territory, or is another correction ahead?

Bitcoin Sentiment & Market Outlook

The Fear & Greed Index of Bitcoin sentiment has risen dramatically from 34 to 44 as BTC jumps to $85,000. This change implies that investing attitudes are improving but are still cautious. The market is at a turning point with a neutral view; there is no strong inclination toward anxiety or need. Late March saw the BTC sentiment drop to 26, close to the extreme fear level, according to new data. Such drops have historically come before a large recovery. Bitcoin sentiment’s value has rebounded since then, but the next move is not obvious without a sharp turn to greed.

Whether BTC pushes more or encounters another pullback could depend on major resistance at $86,500. Whale accumulation is currently at a four-month high, which would suggest potential institutional confidence. Bitcoin could surpass $90,000 should attitudes start to favor greed. Still, not keeping present levels could cause another descent. For signs of Bitcoin’s next move, traders should monitor sentiment trends, trading volume, and macroeconomic indicators. Let’s take a look at Bitcoin price prediction to see what Bitcoin is doing in the current scenario.

Bitcoin Price Prediction for April 3, 2025

The 15-minute BTC/USDT graph reveals important resistance and support levels affecting price changes. Before ripping towards resistance about $88,500, the price first discovered support near $82,000. Strong opposition on this front, however, caused a steep fall back down to the support area. The RSI indicator reveals overbought conditions at the resistance level, which came before the price reversal, and oversold conditions close to support, hence portraying possible rebounds. 

With a crossover supporting the current downtrend, the MACD indicator shows bearish momentum post the price peak. The RSI is actually above extreme levels, so a possible price consolidation or strategy rebound can be inferred from this. If the price keeps support above $82,000, it might try once more to break resistance. But not maintaining this level would set more downward pressure. As the price stays in a volatile trading range, traders ought to track volume and momentum signals for confirmation of the next move.

Bitcoin Sentiment: Caution or Greed?

The Fear & Greed Index is close to neutral, and Bitcoin sentiment stays within a crucial range. Although resistance at $88,500 still limits upward momentum, the $82,000 support level has proven strong. As RSI readings imply renewed buying pressure, traders should be on the lookout for an opportunity breakout. But without robust volume verification, BTC faces another downturn. Bitcoin could climb above $90,000 if Bitcoin sentiment turns toward greed. Otherwise, not holding critical support could cause even more downward movement.