Bitcoin rebound has hit a wall at $71,000 with sentiment at most fearful since 2022

The recent rebound of Bitcoin has encountered a significant obstacle, reaching a resistance point at $71,000. This level has proven to be a critical threshold for the cryptocurrency, as market sentiment among investors has plunged to its most fearful state since 2022, reflecting widespread anxiety and uncertainty about future price movements and overall market stability. The combination of this psychological barrier and the prevailing negative sentiment suggests that traders are feeling hesitant and cautious, which could impact the cryptocurrency's trajectory in the coming days. source: https://www.coindesk.com/markets/2026/02/10/bitcoin-faces-fresh-resistance-near-usd71-000-as-fear-gauge-hits-2022-lows