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The interest in buying a discount crypt has reached its highest point Since July 2024, promoted by a recent decline in the market that withdrew Bitcoin
BTC
$ 81,939.04
Santiment data It shows discussions about the purchase of sauce on social platforms such as X, Reddit and Telegram between February 25 and 26. Many merchants believe that this is the right time to buyAccording to the analysis firm.
The renewed emotion follows a series of price falls. On February 25, Bitcoin fell below $ 90,000A day after the United States announced a 25% rate about Canada and Mexico.
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The decline continued, immerse below $ 80,000 on February 28 After additional tariff threats against China and economic concerns.
Despite optimism, Santiment warns that the high enthusiasm for purchase It does not always mean that the market will be recovered immediately. The firm said:
Ideally, we are waiting for this enthusiasm of the crowd to turn off as a sign that sufficient pain has affected retail merchants to justify a rebound.
Singular noted that retail merchants rush falls may have contributed to higher price dropsAdding: “Look for the disinterested or dejected crowd as a sign that the real salsa purchase opportunity has come.”
Meanwhile, Microsoft’s new quantum chip, Majorana 1, could accelerate the need to make Bitcoin safer. As? Read the full story.
Having completed a master’s degree in economics, politics and cultures of the Oriental Asia region, Aaron has written scientific documents that analyze the differences between Western and collective capitalism forms in the era after World War II.
With about a decade of experience in the Fintech industry, Aaron understands all the most important problems and struggles facing cryptography enthusiasts. He is a passionate analyst who is concerned about data -based content and based on facts, as well as the one who speaks for both web3 natives and for the newcomers of the industry.
Aaron is the reference person for everything and anything related to digital currencies. With a great passion for blockchain & web3 education, Aaron strives to transform the space as we know it and make it more accessible to complete beginners.
Aaron has been summoned by multiple established means and is an author published. Even during his free time, he likes to investigate market trends and look for the next Supernova.
