Is the crypto market primed to rebound? Santiment believes several words uttered on social media could hold the answer.
There are at least five keywords that could signal a crypto market bottom, according to crypto research firm Santiment.
The price of Bitcoin (BTC) slipped 3% in the last 24 hours following heightened geopolitical tensions in the Middle East. Crypto traders are increasingly concerned with what escalating conflict would mean for risk assets.
In an Oct. 2 blog post, Santiment director of marketing Brian Quinlavin said when five main “fear” words are used frequently on social media, it can help traders identify if the market is overly fearful and potentially primed for a breakout.