🧐 When in doubt, remember to zoom out. Comments related to being bearish or 'selling off' have still dominated the normally bullish or 'buying the dip' narratives that we saw after previous crashes. 🌎 With a volatile and unpredictable geopolitical landscape, social media is mostly revealing that they do not trust the Bitcoin bounce that has mildly brought prices back up ~+10% since its drop to $60K last week. 😱 When FUD is the dominant path that traders are leaning toward, prices have a much higher probability of continuing to rise. Only if we begin to see FOMO again (which typically won't happen unless there's a further major bounce), will we advise that retail may be sending prices further down.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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