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via Cointelegraph · By Cointelegraph Staff

Santiment Flags Risk As Crypto Bullish Talk Spikes With BTC Near $80K

BTC

BTC/USDT

$59,758.00

-1.92%

$59,758.00

-1.92%

(24s)

24h Volume

$29,508,505,849.48

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.4%

Long: 71.4%Short: 28.6%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$60,128.00

▼ -1.56%

Volume (24h): -

Resistance Levels

Resistance 3$70,545.37

Resistance 2$63,325.33

Resistance 1$61,023.09

Price$60,128.00

Support 1$60,080.19

Support 2$58,134.85

Support 3$51,387.09

Pivot (PP):$60,068.47

Trend:Downtrend

RSI (14):31.2

Cointelegraph Staff

(05:40 AM UTC)

1 min read

Verified byMichael Roberts

1060 views

0 comments

The level of positive crypto chatter on social media could signal a short-lived crypto market uptrend, according to crypto sentiment platform Santiment.

“Rallies that arrive with a confident crowd tend to fade faster than those climbing a ‘wall of worry’,” Santiment said in a report on Saturday. “Those climbing skepticism tend to extend,” Santiment added.

Santiment said the ratio of bullish to…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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