Bitcoin Flashing a Bullish Signal Due to This Historical Factor, According to Analytics Firm Santiment

　　Bitcoin Flashing a Bullish Signal Due to This Historical Factor, According to Analytics Firm Santiment

　　Bitcoin (BTC) is flashing a bullish signal based on one historical factor, according to market intelligence platform Santiment.

　　In a new thread, the crypto analytics firm diz that it appears as if the top crypto asset by market cap is losing momentum after skyrocketing nearly 150% since October.

　　However, Santiment notes that historically, the more people are worried about BTC in the long term, the higher the chances are of a continued market rise.

　　Because of the crowds shifting BTC outlook, Santiment says that Bitcoin bulls should be enraizamento for market sentiment to remain bearish.

　　Fonte: Santiment/X See More

　　Santiment goes on to say that the market believes BTC‘s latest dip was due to the government venda the 10,000 BTC seized from the defunct online black marketplace Silk Road. The crypto analytics firm says that spikes in BTC’s price tend to happen when the crowd becomes concerned about the seized Silk Road Bitcoin stack.

　　Fonte: Santiment/X See More

　　Bitcoin is trading for $67,905 at time of writing, a marginal decrease during the last day.

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