Crypto Price Prediction: The cryptocurrency market continues to waver in uncertainty accentuating a period called pre-halving consolidation. The lack of initiation from buyers or sellers has led to a sideways action in Bitcoin, wavering around $67000 for nearly a month now.
Despite a short-lived rebound to $69K on Thursday, the trader’s sentiment largely remains pessimistic, laden with FUD and bearish expectations, highlighted by Santiment.
This crypto analytics firm suggests that when general consensus is negative, it often precedes market contrarian movements, hinting that the best buying opportunities may present themselves during such periods of widespread disbelief in a potential rally.
The crowd’s sentiment toward #Bitcoin and #crypto markets in general has wavered ever since the big correction 3 weeks ago. Even with the $BTC halving now just 2 weeks away, trader sentiment reflects #FUD and #bearish expectations.
With prices bouncing back to $69K… pic.twitter.com/DYs5RYNR95
We współpracy z: https://coingape.com/markets/crypto-price-prediction-will-btc-lose-60k-in-correction/
