Despite the macroeconomic uncertainty, at least two positive commentary on social networks on the state of the Bitcoin market is at least two, Santiment said.
“Bitcoin came close to his historical maximum of $ 112,000-and the mood of retail investors still retain a bull mood,” experts said.
Most of the major holders of the first cryptocurrency have not changed their strategy and probably wait for the quotes of bitcoin to go up, and the market will overheat, analysts believe.
The traders are sure that the rally is likely if the first cryptocurrency can hold an important support level of $ 100,000. Bitcoin once again demonstrated the ability to quickly restore even in conditions of political uncertainty, Santiment experts summed up.
Earlier, researchers of Coinbase Institute called the main trend and at the same time the risk of bitcoin market for the growing popularity of corporate reserves in the first cryptocurrency.
Source: Bits
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