Cryptocurrency followers have not agreed on how to react to the recent movements in Bitcoin price.
The cryptocurrency market has been volatile since spot Bitcoin ETFs began trading in the US two weeks ago. Two weeks ago up to 49 thousand dollars Bitcoin price, which came out and fell below 39 thousand dollars at the beginning of this week, started to rise again today. 40 thousand 100 dollars watching above.
According to the information provided by the data platform Santiment, cryptocurrency followers on social media are facing this fluctuation. bears and bulls It is divided into two.
Posts about Bitcoin on Telegram, Reddit, X and 4chan can be an important indicator of the course of the market. Santiment team, “Telegram, Reddit, X and 4chan are all at extreme levels bullish or bearish “It is the ideal time to stand up against this and challenge the crowd’s judgment on the markets.” said.
