Bitcoin Plummets to New 6-Month Low: Emotional Divide Fuels Market Uncertainty

Bitcoin has experienced a steep decline, dropping to a new six-month low of $86,700. This market movement has sparked contrasting reactions from retail traders, who are currently displaying extreme pessimism and optimism in equal measure. According to Santiment data, social media discussions around potential price ranges between $20K-$70K have surged significantly. At the same time, chatter about bullish targets of $100K-$130K has also spiked.