🚀🚀Santiment: Bitcoin's Expectation to Drop to $90,000 Creates Discussion 🚀🚀
According to data shared by Santiment, towards the end of November, an expectation began to spread among Bitcoin (BTC)$BTC
investors that the $90,000 level would be seen.
These discussions gained momentum, especially after Bitcoin began to lose momentum after the rising wave called "Trump Pump".
Investors' Buying Strategies
According to Santiment data, many traders stated that Bitcoin would drop to the $90,000 level and that they planned to buy more BTC at this point. This situation shows that investors are aiming for long-term gains by buying at low prices.
"Trump Pump" and BTC Price
Bitcoin attracted attention with its rapid price increase in November. This increase was linked to developments regarding Donald Trump and was called the "Trump Pump". However, after this rise, BTC's momentum weakened and investors entered into a stronger expectation that the price would fall again.
Market Psychology
According to Santiment's analysis, such bearish expectations are considered a reflection of market psychology. In volatile assets like Bitcoin, investors' emotions and expectations often play an important role in price movements during price fluctuations.
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