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Bitcoin fear index hits yearly low, but it’s time to accumulate, not panic: Bitwise

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Bitcoin investor sentiment slumps to a yearly low, but Bitwise says fear may signal a prime accumulation phase for BTC.

Key takeaways:

Bitwise analysts argue that selling pressure has likely peaked, and that dips may be good buying opportunities.

Smaller BTC holders are accumulating even as miners increase exchange deposits.

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