Pricing Academy
Log in

BTC bounces and bullish attitude emerges

@konduchi
1 min read
21.05.2020
BTC

Sorting the bitcoinmarkets subreddit by “Best” gives the following comments in the top 3:

“The last couple of days have seen my buy high sell low philosophy really blossom” -
23 pts

“I am proud to say that for the first time in my life I finally have a full BTC..just going to step away for a bit” - 21 pts


“closed my short at 8800, I think we'll see some kind of bounce here . . . happy weekend everyone” - 19 pts


The bullish attitude (which includes the 1st one which suggests it made a “low”) would suggest there could be more downward market movement, from the point of view of counter-sentiment trading. Further to this point, during this dumping everyone on crypto subreddits has been very dismiss of the movement of the old coins as a cause for concern, and a large portion reject the idea they are Satoshi‘s coins.


We are using cookies to improve your experience!

By clicking “Allow all”, you agree to use of all cookies. Visit our Cookies Policy to learn more.