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

BTC

BTC/USDT

$79,955.34

-0.01%

$79,955.34

-0.01%

(24s)

24h Volume

$7,241,033,106.29

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.2%

Long: 53.2%Short: 46.8%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,744.00

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,779.60

Price$79,744.00

Support 1$79,635.96

Support 2$77,455.78

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.4

Cointelegraph Staff

(05:40 AM UTC)

1 min read

Verified byMichael Roberts

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…