Crypto market ‘isn’t scared enough’ to call a bottom yet: Santiment

Social media sentiment indicates Bitcoin is in a range where a drop below $75,000 is possible, according to Santiment founder Maksim Balashevich.

Crypto traders have not yet shown enough fear on social media to confirm a market bottom, according to a crypto analyst who suggested Bitcoin could still slide to around $75,000.

“It looks very tempting to come even closer to it,” crypto market sentiment platform Santiment founder, Maksim Balashevich, said on a video published to YouTube on Friday.

A move to that level would represent an approximate 14.77% drop from Bitcoin’s (BTC) current price of $88,350, according to CoinMarketCap.

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