Crypto: Bitcoin Seeing High Bullish Sentiment
#crypto #bitcoin #sentiment #bullish
"A widely followed crypto trader is seeing more Bullish market sentiment on social media than he has seen in months"--Paul Ebeling
Digital asset analyst Justin Bennett tells his 102,000 Twitter followers that social media sentiment on crypto appears to be high.about:blank
“I haven’t seen this many bullish posts on Twitter since April.”
Looking at Bitcoin (BTC), Mr. Bennett says the largest crypto by market cap could be in a relief rally. If so, the trader thinks the $21,100 area marked a Key trend reversal.
$21,100 was the resistance area to keep an eye on
A lot of confluence there. If this is just a relief rally, which I think it is, it’s likely to reverse near $21,100 in my opinion.”
Revisiting the remarks Thursday, Mr. Bennett still said $21,100 was Bitcoin’s “big test.”
“Nice move from BTC after reclaiming $20,400.
$21,100 is the big test for Bitcoin in my opinion.”
At the time of this writing Bitcoin is trading at $21,995.63
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Have a prosperous day, Keep the Faith!
#crypto, #bitcoin, #sentiment, #bullish,
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