Top Crypto Analytics Firm Says Bitcoin (BTC) Flashing Signs of Notable Bounce As Trader Sentiment Turns Sour

-Crypto market-intelligence platform Santiment says that a gloomy reaction to Bitcoin (BTC) falling below $30,000 to start the week is necessary for a rebound.

-Santiment says that the purging of traders and investors who exit the market at the first sign of plummeting prices usually leads to a truly notable bounce afterward.

-In the case of Ethereum (ETH), the cryptocurrency market-intelligence platform says that a sign of a bottom is close came on Friday when the ratio of profitable to losing transactions plunged to a 42-month low.

-Santiment also looks at Chainlink (LINK), a decentralized network that provides off-chain data to the smart contracts of various blockchains.

-According to the crypto market intelligence platform, the native token of the blockchain oracle is witnessing whale accumulation amid a fall in price to levels last recorded in September of 2020.

bitcoin signs notable Top Crypto Analytics Firm Says Bitcoin (BTC) Flashing Signs of Notable Bounce As Trader Sentiment Turns Sour
Top Crypto Analytics Firm Says Bitcoin (BTC) Flashing Signs of Notable Bounce As Trader Sentiment Turns Sour 2

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