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Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

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It could also be an indication that bitcoin is but to discover a backside. “Just look at the previous spikes in the buy the dip calls and you’ll notice that they’ve often come early (like back in April and May, respectively) and tend to be accompanied by another leg down before the crowd is finally proven right,” Santiment mentioned in its market replace on Wednesday.

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