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Trader Sentiment (07/14/2024)

Tekk by Tekk
July 14, 2024
in Trader Sentiment
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Trader Bullishness Score: 70 (250.0% 24h Δ)


Let’s dive into ct traders’ market outlook over the past 24h.

@RunnerXBT discussed market movements, noting a significant increase in open interest for BTC during a Sunday session, suggestive of heightened activity or potential bullish sentiment in the short-term outlook.

@trader1sz and @CryptoDonAlt engaged in discussions about the impact of political events, notably the attempt on Donald Trump, and their implications for market dynamics. Their tweets reflect a blend of commentary on security concerns and market reactions, without direct insight into market direction, but with an implicit bullish tone given the context of anticipating Trump’s influence on market sentiment.

@CryptoParadyme offered a cryptic outlook, hinting at historical patterns playing out post a Bitcoin halving event, which for many suggests a bullish phase is approaching. Moreover, this trader highlighted Bitcoin’s close above the 200 SMA, traditionally a bullish technical signal, amid a stream of political commentary.

@Awawat_Trades expressed a positive sentiment in a tweet celebrating the current state of long positions and implicitly suggesting a bullish outlook by remarking on the pleasant state of the market.

@Bluntz_Capital specifically pinpointed $NEAR as showing signs of leading and impulsive rise from lows, which if accompanied by a BTC move beyond $60k, would signal the beginning of a new bullish impulse.

Overall, ct traders are observing an uptick in activity and expressing a cautiously optimistic outlook tempered by broader global and political events, with several hinting at the start of a bullish market phase.



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Tags: Trader SentimentUpdates
Tekk

Tekk

A humble palm tree that rides waves and writes the best crypto newsletter on the planet | Subscribe https://wavewisdom.beehiiv.com

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