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Showing posts with the label buy the dip

‘Buy the Dip’ Frenzy Could Signal More Pain Ahead, Santiment Says

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Bitcoin’s drop below $110K last week has ignited a surge in “buy the dip” chatter, but Santiment warns that may signal more downside ahead. “Don’t interpret ‘buy the dip’ chatter as a definitive bottom signal,” it said in a report. “ A true market floor often coincides with widespread fear and a lack of interest in buying.” BTC slumped to a low of $107,350 last week, according to TradingView data, while the Crypto Fear and Greed Index plunged to a “Fear” score of 39, signaling widespread anxiety. Daily chart for BTC/USDT (Source: TradingView ) BTC has since recovered slightly to trade at $108,583.22 as of 2:30 a.m. EST, but remains below the psychological $110K mark and more than 5% down over the last week. The Crypto Fear and Greed index has also bounced back, climbing 9 points in the last 24 hours to a “Neutral” score of 48. Investors Trying To Time The Market Now May Get Caught Off Guard With ...

Crypto Prices In Healthy Correction As Popcat And Mog Coin Rival Catslap (SLAP) Prepares For Takeoff With ‘Major Announcement’ 

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Crypto prices are undergoing a healthy correction, while Popcat and Mog Coin rival Catslap ($SLAP) prepares for a ‘‘major announcement’’ that will likely power another parabolic pump. Bitcoin’s rejection at $100k, combined with President-elect Donald Trump’s overnight Truth Social post detailing his tariff plans, has sent risk assets across the board into a tailspin. Providing an excuse to take profits, crypto traders in general, and Catslap traders in particular, have taken some money off the table. Nothing goes up in a straight line forever, and pullbacks are a healthy part of the market. They allow some profits to be realized and provide attractive entry points for those who have been waiting to ‘buy the dip’.  Dog meme coin leader of the pack Dogecoin is down 13.4%, Bitcoin is off 6% at $92k, while top cat meme coin Popcat is falling 14.3%. Catslap was sliding too, priced at $0.0029 at the start of ...