Greer SchouDec 26, 2021 · 3 years ago3 answersHow does the market sentiment affect the price of cryptocurrencies, is it bullish or bearish?
In the world of cryptocurrencies, market sentiment plays a crucial role in determining the price movement. How does the overall sentiment, whether it is bullish or bearish, impact the value of cryptocurrencies? What are the factors that contribute to the market sentiment and how do they influence the price? Are there any specific indicators or signals that traders and investors look for to gauge the sentiment and make informed decisions? How does the sentiment shift from bullish to bearish or vice versa, and what are the potential consequences for the price of cryptocurrencies? Can market sentiment alone drive the price, or are there other fundamental and technical factors that also come into play?
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