**Bitcoin Fear Index Hits Extreme Levels: BTC Fails to Surpass $60,000 Twice**
In a dramatic turn of events, the Bitcoin Fear Index has plummeted to extreme fear levels as BTC struggles to breach the $60,000 mark. The cryptocurrency, which had shown promise with a surge towards the end of last month, has now faced significant resistance at this crucial milestone not once, but twice.
Market analysts attribute this apprehension to increasing global regulatory scrutiny and volatile market conditions. The dip in investor confidence signals potential headwinds for the leading digital currency, raising pertinent questions about its short-term trajectory.
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As Bitcoin aficionados closely monitor market movements, the community is abuzz with speculation on whether BTC will gain enough momentum for a breakthrough or continue to face hurdles in the coming days.
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