Just a few days after Bitcoin’s
BTC
$86 875
24h volatility:
0.7%
Market cap:
$1.73 T
Vol. 24h:
$62.79 B
dip to the $80,000 mark and reclaiming $88,000, bullish voices are calling it a bottom.
New analysis from Santiment, however, shows that the shaky sentiment, weak on-chain activity, and cautious market data may mean the real floor has not yet been found.
On Nov. 21, the BTC price fell to a local low of $80,659, but the asset soon gained momentum and touched $89,000 on Nov. 25. Following the rebound, the crypto community started calling it the market bottom, according to an analysis by Santiment.
📊 Bitcoin’s depressing slump to $80K has been followed by an (at least slightly) encouraging bounce back up to $88
We współpracy z: https://www.coinspeaker.com/think-bitcoin-bottomed-santiment-data-says-think-again/