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Market Anticipates Dip In February: Santiment On Trader Skepticism

Crypto analytics platform Santiment tweeted that after a positive crypto price action in the month of January, the market can anticipate a dip in February. The platform added that trader skepticism improves the probability of prices rising further.

Moreover, Santiment mentioned that prices usually move in the direction the crowd seems most unlikely. According to the analytics platform’s dashboard, when the crowd is “Mainly Bullish,” they experience frequent price drops, compared to the “Mixed Crowd” when the prices can move either way. Meanwhile, when the c…

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Source: Cryptocurrency - investing.com

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