Good Sign: Bears Finally Getting More Vocal After Price Pumps Have Finally Slowed
🤑 Bitcoin has seen some resistance over the past week, being challenged to grow past the $104K to $105K level. This temporary "pumping of the brakes" has been
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🤑 Bitcoin has seen some resistance over the past week, being challenged to grow past the 105K level. This temporary "pumping of the brakes" has been enough to swing traders slightly bearish once again. Markets generally tend to move opposite to crowd's expectations, suggesting there is a heightened probability of crypto markets rising due to this increased fear.
🐻 Due to the consistent slight bullish bias when social media mentions crypto, we have a historically 1:1 bullish vs. bearish query you can use to measure when greed or fear begins to diverge far ahead of the other.
📊 Keep track of it daily here, and make more informed trading decisions.
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