“The feelings are in the bottom:” Economist Henrik Zipberg says about the mature conditions of Bitcoin to be able to rise
Economist Henrik Zipberg believes that the current market conditions have been cleaned in Bitcoin’s main outbreak (BTC).
Zipberg Recount His 173,900 followers on the X social media platform, which has become very low market morale, may indicate that the bottom of Bitcoin and other digital assets are close.
“BTC has reached ATH (its highest levels ever) on January 20. Since then it was in a correction. EW (Eliott wave) appears to To height.
Zbarg says he Secure The upper part is unprecedented for the current encryption cycle, Although Bitcoin declined.
“BTC decreased 1.5 % a week! People are behaving like we have a full crash! Get a fist on yourself …
The top is not in BTC and Alts. ”
Meanwhile, a prominent Santemi analysis company He says The market morale of Bitcoin is still relatively high based on the anniversary of social media.
Santiment says that more retail traders return to Bitcoin after the collapse of Altcoins, and the company is optimistic about the BTC future due to possible -supporting policies that come out of the administration of US President Donald Trump.
“Although Bitcoin was -11 % of the highest level on January 20 ever, the feeling of retail is high towards Crypto No. 1. Many have returned to him as a relatively safe haven while Altcoins has regained severely. There there are there. There there is there. Also constant optimism that Trump’s pro -Carbuto policies will inevitably create a bullish momentum again for BTC, in particular.
Ideally, we would like to see some of this crowd optimism dies, as the prices historically will move in the opposite direction of their expectations. Although there is no guarantee that this happens, it may take more young traders to start exaggerating the reaction and selling panic again.
But of course, with many positives that indicate the future of long -term encoding (including the accumulation of the main stakeholders during this volatility) so that the crowd emotions only play a limited role in the following Crypto movements. “
Bitcoin is traded for $ 96,622 at the time of this report, an apartment per day.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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