Potential for BTC Market Recovery: Bitcoin is trading around 78,809.3 USDT after a 40% drop from its peak of 126,000 dollars. The MACD is forming a bullish signal, and the RSI is at 65, indicating neutral movement with recovery potential. The market is in a state of "extreme fear" (index 17), which often signals the formation of a bottom.$BTC
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Potential for BTC Market Recovery: Bitcoin is trading around 78,809.3 USDT after a 40% drop from its peak of 126,000 dollars. The MACD is forming a bullish signal, and the RSI is at 65, indicating neutral movement with recovery potential. The market is in a state of "extreme fear" (index 17), which often signals the formation of a bottom.$BTC