Is the Crowd Buying the Dip?

The blue bar shows the volume of Buy the Dip mentions collected from social channels such as *Crypto Twitter* *Crypto Sub Reddit* *Crypto Discord groups * *Telegram channels* and *Pro Traders Chat*. Often the crowd unanimously call the dip/bottom earlier than the actual dip and the real bottoms forms when the crowd least expects which is represented by low to no mentions in Buy The Dip. As of now the mentions are very low. The pattern that we have recognized is a 3 wave of Buy the Dip mentions during the downtrend each lower than the previous one and after 3 waves the bottom occurs before the market recovers.

A closer look into the recent mentions

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