Articles for tag: Bitcoin, Cryptocurrency, investor sentiment, market correction, price volatility, Retail Traders, whale accumulation

Market News

Will Bitcoin Reach $109,000 and Set a New All-Time High in February 2024? Expert Predictions and Insights.

Bitcoin’s price remains under $100,000 as retail traders and small investors sell off their holdings out of fear of a larger Market correction. Current on-chain data reveals a significant drop in non-empty wallets, hitting the lowest level since December. Experts suggest that while retail fear decreases, large holders, called whales, are accumulating Bitcoin, which may ...

Market News

Bitcoin Sentiment Dips Amid Price Correction: Is a Recovery Above $100,000 on the Horizon?

Bitcoin’s social sentiment has dropped to its lowest level in 2024, with more negative comments from retail traders despite the price stabilizing above $95,000. This pessimism might signal a potential price rebound, as historically, markets often move against retail expectations. After peaking at over $108,000 in December, Bitcoin has fallen over 10%, currently trading around ...

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