Santiment: BTC social discussion hits a 4-month high, significantly increasing the probability of a market reversal.
crypto sentiment analysis platform Santiment points out a surge in Bitcoin's social media discussion. Although this is not necessarily a signal that the crypto market has bottomed out, the probability of a market reversal is significantly increasing. When Bitcoin's price fell below $95,000 this Friday, the discussion heat reached a 4-month high, indicating that retail investors' extreme panic and FUD sentiment are fully erupting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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