#Bitcoin Blasts Past $123,200 — But Traders Aren’t Celebrating
In just three weeks, Bitcoin has soared by 21%, reaching a new milestone above $123,200. But oddly, the mood across trading communities isn't euphoric — it’s skeptical.
Unlike previous surges, this rally is being met with shrugs and doubt, not cheers. Many retail traders are holding out, waiting for a dip that hasn’t arrived — a mindset that runs counter to the bullish momentum currently unfolding.
Ironically, this widespread hesitation and disbelief may be fueling the rally itself. History shows that when the crowd doubts, the trend often extends further.
Those who jumped in early or followed their instincts amid the fear — from long-term holders to late-stage FOMO entrants — are now in profit, while skeptics remain on the sidelines.
This kind of emotional dissonance between market performance and trader sentiment is common in early-to-mid bull cycles.
With psychology working against the average investor’s instincts, the current setup hints that Bitcoin’s upward trajectory might be far from over.
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