Saturday, September 24, 2022

People are not buying but they are also not exactly selling crypto. As Google searches for "sell Bitcoin" hit 2-year low.

Being in a bear market for literally nearly a year would surely make you believe that sentiment must be at an all time low. But that's not really the case this time weirdly, obviously people are not buying right now but people are also not selling crypto right now. We have had two big sell events in this bear and everything else was just sideways.

You can also see that as Google searches for "sell Bitcoin" has just hit a 2 year low. This does not translate to Crypto prices but is a cool trend to see. It basically shows that many people who have now entered crypto have become way more convicted about it and now actually know to not sell at the bottom.

Will this make us have a bull run? Yes, but probably not tomorrow or even this year. It's all just a very good foundation building up for Cryptos next big wave.


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