Retail Fear Signals Buying Opportunity After Crypto Crash, Say Analysts
Retail crowd fear, uncertainty, and doubt (FUD) continue to be a strong buying signal for Bitcoin and altcoins, reported Santiment on Tuesday. Analysts shared a chart illustrating the ratio of all positive to negative comments across social media over the past seven months.
“In every one of these cases, FUD took over due to world events that were overreacted to from a market perspective,” they stated before adding that the market usually moves opposite to retail expectations.
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Retail Fear Signals Buying Opportunity After Crypto Crash, Say Analysts
Retail crowd fear, uncertainty, and doubt (FUD) continue to be a strong buying signal for Bitcoin and altcoins, reported Santiment on Tuesday. Analysts shared a chart illustrating the ratio of all positive to negative comments across social media over the past seven months.
“In every one of these cases, FUD took over due to world events that were overreacted to from a market perspective,” they stated before adding that the market usually moves opposite to retail expectations.
Read More