Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Aevo unveils platform offering 1000x leverage on select stocks

    July 9, 2025

    Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see similarities

    July 9, 2025

    US sanctions network aiding North Korean IT workers in targeting crypto companies

    July 9, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » Following crowd a losing strategy?
    Crypto

    Following crowd a losing strategy?

    James WilsonBy James WilsonMarch 15, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bitcoin’s recovery to $84,500 on Friday exemplifies why following crowd sentiment often leads to poor trading decisions.

    The recent market movements contradict common predictions during periods of extreme fear or greed.

    Data analysis from Santiment reveals that social media reached peak negativity when Bitcoin (BTC) dipped to $78,000 earlier in the week. There was also online chatter about further declines. This pattern mirrors late February’s market behavior when a temporary price surge in early March followed retail traders’ bearish outlook.

    🗣️ Bitcoin's rally back to $84.5K Friday shows what happens when the Monday crowd claims it's time to sell. Predictably, FUD hit its peak as $BTC was down to $78K, with predictions pouring in for lower prices all across social media. This same phenomenon happened at the end of… pic.twitter.com/GB72pntDb3

    — Santiment (@santimentfeed) March 15, 2025

    “Bitcoin’s rally back to $84.5K Friday shows what happens when the Monday crowd claims it’s time to sell,” Santiment noted. “Predictably, FUD hit its peak as $BTC was down to $78K, with predictions pouring in for lower prices all across social media.”

    The research highlights Bitcoin’s recent stability within a defined range, having neither fallen below $70,000 nor broken above $100,000 over the past month. This stability creates clear sentiment markers: predictions below $70,000 means excessive fear, while forecasts above $100,000 signal overexuberance.

    “Historically, markets move the opposite direction of the crowd’s expectations,” Santiment explained. They noted that clusters of bearish predictions ($10K-$69K) often follow upward reversals, while groupings of bullish forecasts ($100K-$159K) usually signal downturns.

    Technical analysis supports this sentiment-based approach. Crypto analyst Rekt Capital pointed out that “the signs for a weakening resistance were there.”

    He noted that the recent price movement is filling the CME gap between $82,245 and approximately $87,000. He suggests that a daily close above resistance could catalyze further upward momentum.

    The current market structure also presents potentially bullish technical signals. Another analyst, Merlijn The Trader, highlighted Bitcoin’s approaching “golden cross.”

    This is a technical pattern where the 50-day moving average crosses above the 200-day moving average.

    BITCOIN GOLDEN CROSS

    Every time this signal flashed:
    2016: +139%
    2017: +2200%
    2020: +1190%

    Now, it’s happening AGAIN in 2025.

    How high will $BTC go this time? pic.twitter.com/wAwAg7J059

    — Merlijn The Trader (@MerlijnTrader) March 14, 2025

    This indicator has historically preceded substantial rallies:

    • 139% in 2016
    • 2,200% in 2017
    • 1,190% in 2020 following previous occurrences.

    When sentiment reaches extremes, positions become overcrowded on one side, creating the conditions for sharp reversals. As traders collectively lean bearish, selling pressure exhausts, leaving primarily buyers to influence price action.

    At last check, Bitcoin was down 0.2% for the day, trading at $84,145. It’s down 22.7% from its all-time high of $108,786.

    Bitcoin bounces to $84k: Is following the crowd a losing strategy? - 1





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticlePi Network unveils 3 new anniversary releases, Pi Coin declines
    Next Article Will ADA reach two-digit in 2025? Sui, this altcoin at $0.20 could do it months before ADA
    James Wilson

    Related Posts

    Aevo unveils platform offering 1000x leverage on select stocks

    July 9, 2025

    Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see similarities

    July 9, 2025

    US sanctions network aiding North Korean IT workers in targeting crypto companies

    July 9, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    Aevo unveils platform offering 1000x leverage on select stocks

    By James WilsonJuly 9, 2025

    Aevo, a decentralized derivatives exchange built on a custom Ethereum layer 2, has introduced “Aevo…

    Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see similarities

    July 9, 2025

    US sanctions network aiding North Korean IT workers in targeting crypto companies

    July 9, 2025

    OpenSeabuys Rally Wallet to expand mobile and token trading

    July 9, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Aevo unveils platform offering 1000x leverage on select stocks

    July 9, 2025

    Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see similarities

    July 9, 2025

    US sanctions network aiding North Korean IT workers in targeting crypto companies

    July 9, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.