Traders believe Bitcoin (BTC) is gearing for a “monster rally,” as the market sees heightened levels of FUD.

The term FUD is an abbreviation for fear, uncertainty, and doubt. Traders often use this term when the market sentiment suddenly turns negative after a series of pessimistic events. 

But, Bitcoin tends to recover when FUD in the market intensifies, as it shakes out weak hands. In the medium term, analysts anticipate this to lead to a broader BTC rally.

Read full article here: https://www.newsbtc.com/news/bitcoin/recipe-for-bitcoin-monster-rally-fud-overruns-markets-again/

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