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🤔 When will #Bitcoin exceed its $73.7K #AllTimeHigh that occurred back on March 14th?
🤔 When will #Bitcoin exceed its $73.7K #AllTimeHigh that occurred back on March 14th?
#Bitcoin
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⌛️🗣️ As #Bitcoin has now drawn to its final week before the #halving, social dominance toward the topic has peaked at its highest level of the year at 9pm UTC. The spikes in this topic should be received as high confidence price reversals for #crypto markets. Markets have been mostly quite flat, which means this spike won't be a major difference maker. But if you see $BTC teasing #AllTimeHigh levels in the next few days, you should interpret high mentions of the halving as a #FOMO sign, and likely temporary top. Alternatively, if prices start dropping back toward $67K and you see a spike in halving discussion, this is a sign of #FUD, giving you the opportunity to #buy with confidence. Track how the mentions continue to increase leading up to April 19th with this updating chart! https://app.santiment.net/s/MhwlVtGs?utm_source=twitter&utm_medium=post&utm_campaign=twitter_halving_mentions_by_platform_b_041124/&fpr=twitter
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🦄📉 #Uniswap has seen a significant amount of #FUD from traders after the #SEC publicly revealed their warning to #UniswapLabs of their pursuit of potential enforcement action. The discussion rate toward $UNI immediately saw its highest level in 15 months, and circulation spiked. History has proven that there can be a bounce back effect when there is an overly fearful narrative toward a declining asset, as many witnessed with $XRP's own saga with the #SEC the past couple years. The asset's market cap has slid -38% in the past month. Check out the social dominance and circulation chart for Uniswap here to consider whether the crowd's doubts may be creating an opportunity: https://app.santiment.net/s/ckaX9vt1?utm_source=twitter&utm_medium=post&utm_campaign=twitter_uni_socialdom_circulation_spike_b_041124/&fpr=twitter
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🇺🇸💸 The US #ConsumerPriceIndex report has come out, revealing that there was a 3.5% #inflation rise in March. This higher than expected result has dropped #equities markets, but #crypto markets have recovered quite fine after #Bitcoin initially dropped to $67.5K right before the #CPI results were announced. The crowd appears very aware of how this report can have an impact on prices, and there is a massive spike in discussions related to it. Traders appear set on staying strong right now, with #buythedip calls going up considerably as the sector fell. Meanwhile, #sell calls have barely moved. Explore the link to see how the discussion frequencies of these topics fluctuate while the markets are extra sensitive over these next 24 hours. https://app.santiment.net/s/Fti5VQ6_?utm_source=twitter&utm_medium=post&utm_campaign=twitter_cpi_inflation_spike_social_trends_b_041024/&fpr=twitter
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📊 Trading volume in #cryptocurrency peaked on March 6th, and has gradually been declining since. This appears partly due to the ranging pattern that began in mid-March, causing less confidence in traders making the right decision. Once #Bitcoin, #Ethereum, and other top caps begin to establish a consistent direction once again, expect for consistent trades to begin rising once again. Track and compare how asset volumes are stacking up against one another with this link you can bookmark: https://app.santiment.net/charts/WD71Ovyx__sCl?utm_source=twitter&utm_medium=post&utm_campaign=twitter_crypto_volume_declining_b_040924/&fpr=twitter
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😱 The crowd's sentiment toward #Bitcoin and #crypto markets in general has wavered ever since the big correction 3 weeks ago. Even with the $BTC halving now just 2 weeks away, trader sentiment reflects #FUD and #bearish expectations. With prices bouncing back to $69K temporarily on Thursday, bulls should be rooting for the general consensus to remain negative. Historically, markets move the opposite direction of the crowd's expectation, so some of the best times to #buy are during times in which most don't believe a rally can start or continue. Explore the link to Bitcoin's sentiment and social volume chart, and be the first to spot when traders begin to show a #bullish bias once again: https://app.santiment.net/s/HxVIIVnw?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_weighted_sentiment_social_volume_b_040424/&fpr=twitter
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