đ„đ„Bitcoin Could Move in the Opposite Direction Than Expected! Is It a Bullish Harbinger? đ„đ„
Bitcoin's recent correction has led investors to be more cautious. According to on-chain analysis firm Santiment, Bitcoin's 9.2% drop from its local peak of $ 66,400 has dampened the enthusiasm in the markets. According to analysts, this could be positive for Bitcoin bulls. Investors often observe that markets are moving in the opposite direction of expectations, and therefore the change in mood could increase the potential for recovery in the short term.
Bitcoin's more cautious investor base could ease excessive buying pressures and pave the way for recovery.
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