Recent volatility in the Bitcoin market has left investors feeling nervous as the Fear and Greed Index plunged to its lowest point for months, signifying a dramatic shift in investor sentiment. The price of Bitcoin now sits below $90,000 following an unexpected crash, sparking questions about the future direction of the market. Short-term holders are showing signs of panic selling, evidenced by a sharp decline in their SOPR (Simple On-Chain Profit/Loss Ratio) below 1. This suggests they’ve been forced to sell, while long-term holders haven’t exhibited much change. This contrasting behavior highlights a possible divergence between short-term and long-term investor confidence. However, large Bitcoin whales are quietly stepping in, buying back BTC at discounted prices. This buying activity has been significant, suggesting a strategic move by these investors to take advantage of the recent dip. The whales’ actions coincide with substantial bitcoin liquidations on February 25th reaching almost $559 million, further solidifying the idea that this crash may have been driven by leveraged selling. CZ, Binance’s former CEO, has again provided confirmation of his prediction: Bitcoin price could fall to as low as $85,000. This aligns with the recent market drop and raises questions about future price trajectories. Notably, CZ’s prediction for a $1 million price tag in the near future is currently being watched closely.