Bitcoin remains below the 100000-dollar mark, but market confidence is clearly improving. The flagship cryptocurrency is again holding above 90000 dollars, and sentiment indicators show that investor trust is now higher than the last time bitcoin traded above six figures.

Fear eases as index hits weekly highs

The Crypto Fear & Greed Index climbed to 25 on Friday. While the market is still in Extreme Fear, it marks a three-point jump from the previous day and nearly a ten-point improvement compared to November 13 — the date when bitcoin last broke above 100000 dollars.

Analysts say the key range is 93000–94000 dollars

Crypto analyst Ted wrote on X on Thursday that if bitcoin can push through the 93000–94000-dollar zone again, it could return to 100000 dollars before another downturn arrives.

The improving sentiment also coincides with a surprising change in tone from some of the market’s biggest optimists. BitMine chair Tom Lee — who spent much of the year predicting bitcoin would hit 250000 dollars — has softened his stance. He now expects a move back to 100000 dollars and says bitcoin might even set a new high above the current record of 125100 dollars.

Will historical patterns break?

Recent gradual declines caught many investors off guard. The market is now entering December, a month that historically brings modest average gains for bitcoin. According to CoinGlass data, December returns have averaged around 4.75% since 2013.

But after weak performance in October and November — both traditionally strong months — some investors are asking whether December will also diverge from its long-term trend.

Sources:

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/currencies/bitcoin/

https://x.com/TedPillows/status/1994001754355323155?s=20

https://www.youtube.com/watch?v=8-Xmm1RB-Gc