Social sentiment, on-chain data, and positioning metrics all hit extremes not seen since late February, even as institutional buying remains elevated. Bitcoin is trading around $67,100 and has held in a $65,000 to $73,000 range despite the most negative social media sentiment since late February and an extreme fear reading on the Fear and Greed Index. Institutional demand, including record March ETF inflows and new approval for a low-fee Morgan Stanley bitcoin ETF, is providing a firm price flo…
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