Are We Back? Social Trends Indicate the Crowd is Beginning to Believe So...
Bitcoin returned to the $70,000 level shortly after testing $60,000 support. Technical indicators show that retail sell-offs often precede price bounces, while
वित्तीय सलाह नहीं। DYOR।
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🥳 Just 2 days after the crowd was bracing itself with a 70K. The bullish narrative has predictably returned. In this chart:
🟦 High blue spikes indicate major predictions of $BTC moving lower. When retail sells, this is a good buy signal & prices typically bounce.
🟥 High red spikes indicate major predictions of $BTC moving higher. When retail buys, this is a good profit taking signal & prices typically plateau.
🍿 Track along with the crowd's FOMO vs. FUD toward Bitcoin, or change it up and look for a different coin with this handy Social Trend chart!
वित्तीय सलाह नहीं है। DYOR।
