Bitcoin has retreated 13.7% in the last 12 days, causing the Crypto Fear & Greed Index to hit its lowest score since October 15, recording a score of 65 on December 30. While still in greed territory, this is a significant drop as Bitcoin's price hovers around $93,000. Market analysts have raised concerns about a possible 'huge dump' in the near future. The index has fluctuated since November and December, particularly around the recent US presidential election outcomes. Analyst Markus Thielen has noted predictions of a parabolic move leading up to Trump’s inauguration, followed by potential corrections. Veteran trader Peter Brandt speculated on a price pattern termed Hump Slump Bump Dump Pump, where Bitcoin may be following a defined trajectory. Additionally, Bitcoin outperformed all traditional assets, achieving the highest returns in 2024 at 129%, compared to gold's 32.2% and the S&P 500's 28.3%.

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