With the CBBI at 67 and Fear & Greed at 39, Bitcoin Holds Steady at $87K While the Dollar Craters and M2 Soars
Bitcoin is currently trading at $87,234, consolidating firmly above critical weekly moving averages. Despite macro tailwinds and deeply constructive on-chain fundamentals, sentiment remains subdued —the Fear& Greed Index sits at 39 (Fear) and CBBI prints a neutral-bullish 67.
This setup — where sentiment lags structure — is historically a launchpad for parabolic Bitcoin advances. With global liquidity expanding (M2: $21.74T, +$129.8B this week) and the U.S. Dollar Index (DXY) breaking down through multi-year support at 98.75, we appear to be entering the next macro-leg of the bull cycle.
