Santiment analysts say that negative sentiment on the crypto market will continue and expect growth. Traditionally, interpreting the decadent mood of the crowd as a future growth factor, the market is moving against the expectations of the majority.
Infographic theses from #Santiment:
- Fear, uncertainty and crowd doubt may be the key to cryptocurrency recovery.
- Excessively bullish just before the March 14 all-time high: Greed increases the likelihood of a correction.
- Excessively bearish sentiment after BTC price did not immediately rise after halving: fear increases the likelihood of a rebound.