Bitcoin Trades Range-Bound As Investors Wait And See - News Summed Up

Bitcoin Trades Range-Bound As Investors Wait And See


“Meanwhile, investors have adopted a wait and watch approach to see if any market catalysts help conclusively drive the market in a particular direction,” concluded DiPasquale. “From a short-term point of view Bitcoin sentiment is very flat,” Joshua Frank, cofounder of TheTIE.io,” said yesterday. “Tweet volumes today are below average and daily Bitcoin sentiment is sitting right around 54% (neutral),” he added. The chart below depicts the relationship between price, daily sentiment and tweet volume:Bitcoin prices, sentiment data and tweet volume. Disclosure: I own some bitcoin, bitcoin cash, litecoin, ether and EOS.


Source: Forbes December 03, 2019 23:15 UTC



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