Santiment Analysis highlights one scale that usually precedes a bitcoin gathering (BTC) and other encryption assets.
Santim He says The percentage of emotions of the king’s ups in the emotions from the retail merchants reached its lowest level in two months.
A low percentage of the scale is “usually a bullish sign”, according to the analysis company.
“With a little calm encryption, traders show signs of impatience and a declining feeling. There are only 1.03 comments that are rejected for each single declining comment, which has not happened since fear of peak, uncertainty and suspicion (FUD) during the initial tariff reactions on April 6 …
… the markets move historically in the opposite direction of retail sale. The main example of this is the time of optimal purchase during early April of fear of other merchants. “
Santmi more He says The conflict in the Middle East, which includes Israel and Iran, “is likely to continue to cause volatile and unexpected prices” for the encryption market.
“Despite the initial panic, Bitcoin remained within $ 104,000-105,000 dollars, with the help of the stock exchange flows on the stock exchange (ETF) and the lack of follow-up in military measures, which reflects the style of” typical risks, then stability “in previous geopolitical crises.”
Bitcoin is traded at $ 10,431 at the time of this report.
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