Bitcoin bullish sentiment "takes a sharp turn" đ
Market intelligence giant Santiment has spoken out, saying that Bitcoin's positive sentiment is now "severely declining." Although the cryptocurrency market has rebounded slightly in recent days, the positive comments on Bitcoin have been surprising đ. In particular, traders on Binance have opened short positions and predicted that BTC will fall again.
What's more, the bullish comments on Bitcoin have shrunk to one-third of what they were four months ago. However, interestingly, Santiment believes that these negative factors and the increase in traders' short positions may give cryptocurrencies a chance to rise đ€.
In addition, did you know that Bitcoin holders have recently withdrawn a lot of funds from exchanges đ°. On July 5, when BTC fell below $54,000, they withdrew $3.8 billion in BTC, and the price rose to more than $65,000. This week, on July 16, they took action again and withdrew another $3.4 billion worth of BTC.
This operation, you taste it, you taste it carefullyđ§.
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