People on the square are discussing “Bitcoin falls for five consecutive weeks” (415k views).
Discussion volume itself is a sentiment reading. I pay more attention to three details:
· Whether opinions are largely in agreement or people are arguing;
· Whether the topic is just getting started or is already everywhere;
· Whether $BTC ’s volume and price are both picking up.
When opinions are too uniform and the topic is everywhere, it often means the short-term price is nearing a peak. Disagreement, especially early on, may instead suggest the trend has staying power.
$BTC is currently at 75362.01, up 1.15% over 24h. I’ll add it to my watchlist for now.
#比特币连续五周下跌 #BTC
Discussion volume itself is a sentiment reading. I pay more attention to three details:
· Whether opinions are largely in agreement or people are arguing;
· Whether the topic is just getting started or is already everywhere;
· Whether $BTC ’s volume and price are both picking up.
When opinions are too uniform and the topic is everywhere, it often means the short-term price is nearing a peak. Disagreement, especially early on, may instead suggest the trend has staying power.
$BTC is currently at 75362.01, up 1.15% over 24h. I’ll add it to my watchlist for now.
#比特币连续五周下跌 #BTC