Af ZyCrypto - 2 år siden - Læsetid: 2 minutter
Bitcoin Sentiment Unwavering At ‘Extreme Fear’, Analysts Maintain Full-Scale Bull Market On The Horizon
Bitcoin has been faltering since the start of the year as markets continue to waver.Investors are getting more fearful.Analysts reveal sentiments that will drive an upwards shift for Bitcoin.Bitcoin, the benchmark cryptocurrency has har lidt betydelige tab siden starten af det nye år. Den største kryptovaluta efter markedsværdi startede året med sidelæns bevægelser, og levede ikke op til markedets forventninger, da den fortsatte med at barbere sidste års gevinster af.
The bearish wave for Bitcoin has become even more intense as the weekend closed off with the cryptocurrency market recording more than $900 million in liquidations. Bitcoin long positions got rekt severally too, as more than 40% of long leveraged positions got wiped off.
The result of the market sweep has increased fear for Bitcoin indehavere. Det Bitcoin fear and greed index continues to show that the market is in extreme fear.
However, popular crypto analyst “Rekt Capital” has taken to Twitter to nurse the wounds of worrying Bitcoiners. A blessing in disguise is exactly what the analyst believes the bear market is. From his standpoint, the extreme fear expressed by investors is exactly what is needed for Bitcoin to make a turnaround and head back up.
"Bitcoin investors are getting extremely fearful which is exactly what needs to happen for Bitcoin to get closer to a price reversal.” Han bekræftede.
Similarly, investor and Bitcoin content creator Ben Armstrong maintains that Bitcoin is far from hitting the top.
"Jeg tror bare ikke, at $69,000 var toppen, og så når jeg ser på markedets overordnede makrofundamentale forhold, har hvalerne og institutionerne stadig købt." sagde han i et nyligt interview.
BTCUSD-diagram af TradingViewHan fortsætter med at sige, at kontinuerlig Bitcoin purchase from whales is anything but bearish as if said, whales are buying Bitcoin in the same manner that MicroStrategy’s Michael Saylor is buying; buying Bitcoin at any point, simpelthen fordi han er sikker på, at priserne vil stige eksponentielt.
"Jeg håber ikke. Jeg tror ikke, vi vil være på vej derhen, men i sidste ende, hvis $69,000 var toppen, og vi har den slags fald, vil jeg absolut købe det," tilføjede han.
På rapporttidspunktet, Bitcoin bulls are struggling to break above $43k. The big bull is already down more than 7% in the last 7 days. Like Bitcoin, most altcoins are also either struggling to break upwards or hold prices at support and push forward.
Oprindelig kilde: ZyCrypto