Home Crypto Bitcoin Crypto: Bitcoin Seeing High Bullish Sentiment

Crypto: Bitcoin Seeing High Bullish Sentiment

#crypto #bitcoin #sentiment #bullish

$BTCUSD

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

A tip of the hat to sovereign individuals with satoshis and Bitcoin in cold storage with our firm. Click here

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Have a prosperous day, Keep the Faith!

#crypto, #bitcoin, #sentiment, #bullish,

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Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.