Bitcoin Sentiment Remains Down
π Are traders still showing extreme fear after Bitcoin recovered from its $60.0K drop last week? According to social data, there is still a very high level of
Not financial advice. DYOR.
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π Are traders still showing extreme fear after Bitcoin recovered from its $60.0K drop last week? According to social data, there is still a very high level of bearish posts compared to bullish.
π€ With the crowd remaining pessimistic, the numbers suggest that retail is afraid to buy at these levels, while key $BTC stakeholders can do so with little resistance. Historically, while FUD is high, price rebounds have a heightened probability.
π Track how FOMO vs. FUD is fluctuating for Bitcoin, or choose between over 3,000 of your favorite coins with this handy sentiment chart!
π€ Get a free trial to Sanbase PRO here to ensure you're up to date on all data!
Not financial advice. DYOR.
