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Flash News List

List of Flash News about consensus bottom

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02:15
Bitcoin BTC Drops Below $95K as Bottom Calls Surge; Santiment Warns Consensus Bottoms Are Rare for Traders

According to @CoinMarketCap, BTC fell below 95,000 dollars on Friday and many social media commentators declared that the bottom was in, source: CoinMarketCap. According to Santiment, true market bottoms rarely form when there is widespread consensus about a specific bottom, signaling caution for bottom-catching strategies, source: Santiment via CoinMarketCap. For traders, the widespread bottom calls indicate elevated risk of a false bottom and argue for cautious, confirmation-based entries rather than aggressive leverage, source: Santiment via CoinMarketCap.

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