nothing-but-a-quick-fomo-bull-trap-sentiment-data-suggests-this
📈 As today's markets have rallied, social data indicated there was a huge surge in positive sentiment as Bitcoin's price was threatening to fall below $65K. Ov
Not financial advice. DYOR.
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📈 As today's markets have rallied, social data indicated there was a huge surge in positive sentiment as Bitcoin's price was threatening to fall below BTC rallied +7% and reached 70K resistance for the time being.
🌏 This indicates that this rally may have been a short-term, retail driven pump. Discourse is heavily invested in the Iran, Israel, and US conflict currently, so expect volatile movement based on any notable updates with the developments.
🤑 Ultimately, crypto will see the biggest sustained rallies when the crowd turns mostly negative and panic sells/capitulates. Monitor this helpful Santiment chart to tap into the FOMO & FUD levels for any asset!
Not financial advice. DYOR.
