Santiment Reveals New Data: Is It Possible To Buy Bottom In Bitcoin (BTC)?

According to data from cryptocurrency analytics platform Santiment, investors are insistent on predicting the bottom of Bitcoin (BTC).

santeiment announced by a to data According to this, investors are racing to get a bottom price after every deep fall they see. USA last week Consumer price index After the CPI data were released, it was seen that many investors brought cash into the market to buy the bottom.

18 September-19 September between about 8%Investors bought Bitcoin in volume with the same thought. Bitcoin price along with the said drop $18,400 While falling back to levels, he deleted all the rise he had experienced in Ethereum in anticipation of Merge for weeks, in a short time. $1,300 decreased to levels.

Markets Wednesday, September 21 Trying to predict the bottom while waiting for the FED’s interest rate decision to be announced on the day seems really dangerous according to many analysts. 0.75While the interest rate expectation is priced in the markets, Fed chairman PowellIt should not be forgotten that a 1 basis point increase is possible after last week’s speech of .


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