FUD Has Made its Return, Will You Capitalize?
๐ Bitcoin has dumped below $100K for the second time this month. Predictably, this has caused a wave of FUD and concerned social media posts from retail trader
แจแแแแฅ แแญแญ แ แญแฐแแแข DYORแข
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๐ Bitcoin has dumped below $100K for the second time this month. Predictably, this has caused a wave of FUD and concerned social media posts from retail traders. As shown below:
๐ฅ: Significant bullish/greedy bias (usually when markets are getting too much FOMO, prices will go down)
๐จ: Neutral/mixed bias (usually markets are more impacted by whale behavior, geopolitical/news driven events)
๐ฉ Significant bearish/fearful bias (usually when markets are getting too much FUD, prices will go up)
๐ Right now, $BTC has just entered into a ๐ฉ zone, which historically means buys are less risky than average due to panic selling retail traders.
แญแ แจแแแแฅ แแญแญ แ แญแฐแแแข DYOR.
