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 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.
📊 , and make more informed trading decisions.
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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