Bitcoin market Short term Sentiment utilising Trading view
Bitcoin and the crypto market is going through correction at the current moment. This is a trial to explore the market sentiment through reviewing the Ideas presented on trading view. A Search criterion of one-week for most agreed ideas in the Cryptocurrency market presented 59 Ideas in total. 57 of those ideas were about Bitcoin / USD. BTC None BTC 57/59 2/59 96.6% 3.4%
We reviewed each of those ideas for the presenter sentiment. The analysis of the result was as detailed below Bulls Bears Neutral 22 23 12 38.5% 40.4% 21.1%
Those who are in the bear category, pointing to a significant support mostly at 2100 with the lowest at 1900.
Data suggests
Bitcoin analysis represents main category for agreement 57/59 on tradingview . The current Market status is equivocal with a split between bulls and bears but that is limited to short term . Long term views remain bullish with most of analysis sees enough support of trend at 1900 to 2100 if 2300 line dose not hold.
Bias
The author has a bias toward bulls in the Bitcoin market The sample is limited to trading views website which makes it a small sample
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.