dr.ehabaziz

Bitcoin short term market sentiment

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Bitcoin             market Short term Sentiment utilising Trading view

Bitcoin             and the crypto market is going through correction at the current moment. This is a trial to explore the market sentiment through reviewing the Ideas presented on trading view.
A Search criterion of one-week for most agreed ideas in the Cryptocurrency market presented 59 Ideas in total. 57 of those ideas were about Bitcoin             / USD.
BTC             None BTC            
57/59 2/59
96.6% 3.4%

We reviewed each of those ideas for the presenter sentiment. The analysis of the result was as detailed below
Bulls Bears Neutral
22 23 12
38.5% 40.4% 21.1%

Those who are in the bear category, pointing to a significant support mostly at 2100 with the lowest at 1900.

Data suggests

Bitcoin             analysis represents main category for agreement 57/59 on tradingview .
The current Market status is equivocal with a split between bulls and bears but that is limited to short term .
Long term views remain bullish with most of analysis sees enough support of trend at 1900 to 2100 if 2300 line dose not hold.

Bias

The author has a bias toward bulls in the Bitcoin             market
The sample is limited to trading views website which makes it a small sample

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https://steemit.com/bitcoin/@ehabhamed/bitcoin-market-sentiment
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