Bitcoin Dip Worth Buying? What Market Sentiment Suggests

The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain analytics firm Santiment has looked into how the trader sentiment has shifted in the BTC sector since the crash a few days back.

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Why Bitcoin Falters Amid Historic Anti-Bank Sentiment

Bitcoin struggles to gain widespread adoption despite increasing disillusionment with banks. Explore the myriad challenges Bitcoin faces. The post Why Bitcoin Falters Amid Historic Anti-Bank Sentiment appeared first on BeInCrypto.

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Bitcoin Sentiment Returns To Neutral As Price Tumbles Down

Data shows the Bitcoin market sentiment has declined to neutral today as the price of the asset has dropped below the $22,000 level. Bitcoin Fear And Greed Index Now Points At “Neutral” Sentiment The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the Bitcoin market. The […]

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Bitcoin Breakout Has Opened Doors to $25K: Analysts

Bitcoin looks north, with further gains hinging on sentiment in traditional risk assets, one analyst said.

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Bitcoin Investment ETFs And Trusts Have Slowed Since May

Many investors are uneasy since Bitcoin value has fallen by around 70% since its peak in November 2021. In the meantime, market sentiment is at an all-time low due to analysts’ expectations of a major recession.

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Bitcoin sentiment falls into 'fear' as BTC price action hits $42.9K breakdown target

Little market celebration accompanies the start of the Bitcoin 2022 conference as macro fears seep into sentiment.

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Bitcoin touches $45k amid ‘PetroBitcoin’ sentiment

Bitcoin broke above key resistance levels to touch highs last seen in February, with…

The post Bitcoin touches $45k amid ‘PetroBitcoin’ sentiment appeared first on Coin Journal.

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Bitcoin price dips below $38K as crypto sentiment nears ‘extreme fear’

It took a matter of days for Bitcoin to fall to two-week lows, but sentiment managed to fall much harder.

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Bitcoin Briefly Spikes Above $45K as Market Sentiment Shifts to "Neutral"

Bitcoin briefly rises beyond $45K as market sentiment turns to "neutral"

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Bitcoin ‘death cross’ watch. What could the technical omen portend?

The price of Bitcoin fought its way up 2. 9% during the past 24-hours, while general market sentiment remains in the zone of ‘extreme fear. ’ To give this sentiment some wider context–the announcement of the Federal Reserve planning to raise interest rates to curb inflation came accompanied by the International Monetary Fund (IMF) warning about a […] The post Bitcoin ‘death cross’ watch.

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“What Goes Up Must Come Down” — Economist Steve Hanke Foresees Massive Bitcoin Price Drop

Key takeaways Prominent Economist Steve Hanke predicts a Bitcoin market crash. His sentiment is shared by ‘CryptoWhale’ who expects Bitcoin to fall to as low as $10,000. Market sentiment however seems to be bullish even as Plan B reaffirms that the S2F model is still in play.

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Will A Large Spike In Bullish Sentiment Translate To A Bitcoin Rally?

With such a large spike in bitcoin sentiment recently, a bitcoin rally could be underway. Bitcoin has been fluctuating between $30k and $40k for a while now with no real significant movement either up or down.

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Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K

Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually.

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2 Crucial Bitcoin Takeaways from Powell’s Economic Club Speech

Bitcoin plunged by more than $3,000 after establishing a record high on Tuesday, stoking concerns about an extended price decline on growing profit-taking sentiment. Nevertheless, the flagship cryptocurrency discovered a substantial interim support range above $44,000.

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Consider this before you take Bitcoin's market sentiment at face value

Ever wondered what the classic bottleneck is? In the crypto-market, when Bitcoin’s price crosses a long-known resistance and the price rallies, CT is filled with bullish sentiment, bullish tweets, aThe post Consider this before you take Bitcoin's market sentiment at face value appeared first on AMBCrypto.

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Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment

A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE.

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On-Chain Analysis Suggests There Are Few Bitcoin Sellers Preventing a Rally

Bitcoin has seemingly entered no man’s land, with the price ping-ponging between $11,000 and $12,000. A top analyst has corroborated this sentiment, recently noting that neither his bull nor bear case has been confirmed.

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Whale Numbers Spring Up, Revealing Positive Market Sentiment For Bitcoin $10K Breakout

Another heavy brushoff from $10,000 is making investors and traders uncomfortable as Bitcoin continues waning, currently trading at $9,400 at the time of writing. Clearly, all the rejections are not exactly a good thing for Bitcoin’s sentiment, however, it’s notable that bears aren’t getting an extensive correction. BTC has lost the daily 12-EMA and the […]

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Bitcoin's $10K struggles affecting social media sentiment

After beating the odds with respect to generating significant gains and sustaining an elevated level of optimism, Bitcoin has been relatively disappointing over the past few weeks. Since the 2nd weThe post Bitcoin's $10K struggles affecting social media sentiment appeared first on AMBCrypto.

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What the Future Holds for Bitcoin, Analysts Weigh-In

Despite the bullish momentum that pushed Bitcoin above $9,000, sentiment analysis shows that investors are getting skeptical, indicating an impending pullback. Shifting Bitcoin Sentiment Bitcoin surged more than 27% over...The post What the Future Holds for Bitcoin, Analysts Weigh-In appeared first on Crypto Briefing.

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Bitcoin's Reddit Community better predictors of king coin's price than Google

A major difference between digital assets and the traditional asset class is the impact of market sentiment. In the case of crypto-assets such as Bitcoin, sentiment in terms of search engine volumeThe post Bitcoin's Reddit Community better predictors of king coin's price than Google appeared first on AMBCrypto.

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Bitcoin UTXOs in profit may suggest shift in 'hodling' sentiment

Bitcoin has come a long way since its bull run in 2017, with many arguing that the crypto-market has significantly matured since. At press time, market speculation was high with regard to the industryThe post Bitcoin UTXOs in profit may suggest shift in 'hodling' sentiment appeared first on AMBCrypto.

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Bitcoin vs. Altcoins: Which Will Make You More Money in 2020?

Now that market sentiment has changed and traders are feeling bullish, comes the age old question, Bitcoin or Altcoins? Let’s take a look at which investment strategy may have the bigger payoff. Buy Bitcoin or take chances in the Altcoin Casino? The bullish sentiment is back, and traders have been placing their allocations on their favorite blockchain projects.

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BNC launches Bitcoin ‘Twitter Sentiment’ data

With sentiment continuing to be a significant factor in the price and momentum of digital assets, Brave New Coin has launched a weekly Bitcoin ‘Twitter Sentiment’ infographic - providing at-a-glance insight into the dominant weekly narrative in Bitcoin’s Twitter-sphere.

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Bitcoin Bears Back as Sentiment Wanes, Will BTC Drop to $6,000?

Following a positive week in which Bitcoin made a solid 18% the bears appear to be returning in force. Sentiment is turning negative once again as hopes of a Christmas rally start to dwindle and analysts eye $6k for a second time.

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Bitcoin's YTD price decline sets up bearish sentiment before 2020 halving

2019 has been monumental for the Bitcoin ecosystem from an adoption perspective, as the year welcomed several financial institutions into the industry, most notably ICE's Bakkt and its Bitcoin FuturesThe post Bitcoin's YTD price decline sets up bearish sentiment before 2020 halving appeared first on AMBCrypto.

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Extreme Bitcoin Crash Exacerbated By Rock-Bottom Sentiment

While yesterday’s Bitcoin crash took traders by surprise, sentiment analysis shows that the floor had been crumbling beneath their feet for some time. Data from The TIE show that Bitcoin’s daily sentiment score, which measures the number of positive or negative conversations on Twitter, has been declining for the entire month of September.

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Bitcoin, Bitcoin Cash project bullish long-term sentiment while XRP fails to impress community

In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself.

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Crypto Analyst: Bitcoin Indicator Resembles Mid-2016 Bullish Beginnings

Much of the crypto market may have flipped sentiment to being bearish on Bitcoin after yesterday’s dump that bled out over $20 billion from the total crypto market cap. However, according to one of the most respected crypto analysts in the space, an important trend indicator suggests that the current price action very closely resembles.

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Bitcoin Bulls Remain Confident Despite Ongoing Crash

After breaking below $10,000 yesterday, Bitcoin has faced a significant influx of selling pressure that has sent its price reeling down towards the lower-$9,000 region. This sell-off has drastically altered the overall market sentiment and came shortly after BTC made a failed attempt to surge towards $11,000.

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Bitcoin price drops $700 as $10,000 support breaks

Bitcoin dropped $700 in 30 minutes and hit $9,500 after hovering over $10,000 for more than a week. Despite the bullish sentiment seen across the market as Bakkt’s Bitcoin futures launch approaches BTC could be signaling that a shakeout is underway.

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Altcoin Market Is Failing to Produce Utility, Only Bitcoin Can Become Money

As the altcoin market continues to bleed out and sentiment around Bitcoin’s crypto cousins reaches a point of extreme despair, the question about their long-term value has come up often in recent days.

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Gold Price Hits New Six Year High, But Fake Bars May Benefit Bitcoin

With political and economic tensions escalating, investments in safe haven assets such as gold are on the rise. The commodity has often been compared to Bitcoin, but a recent outbreak of fake bars clearly illustrates the glaring differences in the two asset classes.

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Bitcoin sentiment hits historic low based on Crypto Fear and Greed Index

The Crypto Fear and Greed Index reached its lowest value in history. As Bitcoin hovers below $10,000, investors fear the potential for further decline could jeopardize the idea that a new bull market materialized.

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Bitcoin Struggles As BAT And ETC Lead The Charge

The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker.     Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook.

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‘Foolish’: Crypto Fund CEO Warns Against Bitcoin Maximalism Narrative

Cryptocurrency politics is focusing on Bitcoin at the expense of altcoins, but a flip could occur any time, an industry investor has warned. Simpson: Don’t Pin All Your Hopes on Bitcoin That was the conclusion from Arianna Simpson, founder and CEO of crypto and blockchain-focused investment fund Autonomous Partners.

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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion.

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Bitcoin dips below $10,000 as it prepares for next major move

Bitcoin dipped below $10,000 after nearly reaching $11,000. Despite the bullish sentiment seen across the market following Bakkt’s approval for physically-settled Bitcoin futures, BTC is sitting at a pivotal point that could mark the direction of its trend in the near future.

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Bitcoin Price Takes A Deep Dive But Strives To Stay Above $10k. What’s Next For Bitcoin?

Bitcoin has dipped in the past few hours, placing the virtual asset’s price slightly above $10,000. The daily chart, technical indicators, and market sentiment are not currently in favor of Bitcoin.

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Bitcoin Maximalist Sceptical of @Bitcoin’s Pivot from BCH

Author, professor, and staunch Bitcoin maximalist Saifedean Ammous is sceptical about the seemingly overnight change of allegiances at the Twitter account @Bitcoin. The Twitter account that was clearly affiliated with the Bitcoin Cash, despite its name, now expresses pro-BTC sentiment.

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Markets Update: XRP Still Underperforming, BTC and ETH Struggle To Retain Gains

The market was injected with some much-needed gains at the start of the new week. This saw most cryptocurrencies break recent short term resistances and further brought back the bullish sentiment that was beginning to fade away.

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Bitcoin posed to break above $11,000 as consolidation continues

Bitcoin threatens to break above $11,000 once again after its recent drop to $9,500. Although BTC dominance appears overdue for a major correction, it still remains bullish from a technical perspective.

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Bitcoin threatens to break above $11,000 as consolidation continues

Bitcoin threatens to break above $11,000 once again after its recent drop to $9,500. Although BTC dominance appears overdue for a major correction, it still remains bullish from a technical perspective.

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Bitcoin Sentiment Shines in Turkey, Diminishes in the Rest of Europe

A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system in the coming years, AugustRead MoreRead More.

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Bitcoin Price Analysis: Bears Shake Bullish Market Sentiment

Bitcoin Price levels have dropped $2,000 within the last 48 hours as bears begin to shake the current bullish market sentiment. Continuation of the pull-back to key support around $8,800 is likely over the coming days.

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Bitcoin (BTC) Unravels Under $10,000

The bullish trend of the first half of August is unraveling further, as Bitcoin (BTC) saw sentiment shift.

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Bitcoin 'Fear Gauge' Explodes to Most Alarming Level Since 2018

By CCN Markets: The Bitcoin Fear and Greed Index has crashed to its lowest level in almost a year. The index, which tracks sentiment among investors, hasn't plumbed these lows since December 2018 when the king of crypto finally found yearly support just above $3,000.

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Austrians Reject Bitcoin, Reveals New Public Survey

A majority of Austrians are skeptic about decentralized cryptocurrencies like bitcoin, according to a new ING International survey. Only 13 percent of the participants from Austria expressed optimism towards cryptocurrencies, making the country of one of the world’s most prominent anti-bitcoin regions in terms of public sentiment.

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Falling Renminbi Serious Use Case for Bitcoin: DBS Chief Economist

A weakening Chinese Yuan (Renminbi) is helping to fuel the bullish sentiment of bitcoin, according to Taimur Baig of DBS’ Singapore unit. The chief economist told Financial Times that the recent run-up in the bitcoin price took place after the People’s Bank of China (PBoC) forced the value of the renminbi below $0.

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