Why Bitcoin is down today: Market overconfidence triggers crash

📆 02/10/2024 2:12:00
📰 CryptoAmb

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 68%

España Noticias Noticias

España Últimas Noticias,España Titulares

Bitcoin experiences a correction as bullish sentiment rises, ETFs see inflows, and bearish patterns emerge.

Bitcoin sentiment spikes with ETF inflows, but analysts warn of a bearish head and shoulders pattern.

Santiment noted that the market has historically moved against crowd expectations, signaling a potential continuation of this correction.Santiment’s analysis from last Friday indicated growing confidence among Bitcoin traders, following a 22% price surge over the past three weeks. These institutional inflows come as market participants await the U.S. Securities and Exchange Commission’s decision on pending applications for spot Bitcoin ETFs.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

BlackRock ETFs to maneuver market volatility ahead of electionThe 2024 US presidential election is less than two months away and Wall Street is only expecting markets (^DJI, ^IXIC, ^GSPC) to be wrought with more market ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »