{"id":475505,"date":"2024-01-26T17:43:10","date_gmt":"2024-01-26T17:43:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=475505"},"modified":"2024-01-26T17:43:10","modified_gmt":"2024-01-26T17:43:10","slug":"bitcoin-price-prediction-as-santiment-says-redditors-were-quickest-to-buy-the-btc-dip-experts-urge-traders-to-do-the-same-with-this-booming-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-santiment-says-redditors-were-quickest-to-buy-the-btc-dip-experts-urge-traders-to-do-the-same-with-this-booming-presale","title":{"rendered":"Bitcoin Price Prediction: As Santiment Says Redditors Were Quickest To Buy The BTC Dip, Experts Urge Traders To Do The Same With This Booming Presale"},"content":{"rendered":"

The Bitcoin price has climbed 2.8% in the last 24 hours to hold a spot price of <\/span>$40.9K<\/span><\/a> as of 9:30 a.m. EST.<\/span><\/p>\n

In the midst of the Bitcoin price rebound, research by Santiment shows that Reddit users were the quickest to buy the dip during the recent BTC price decrease, unlike pessimistic or undecided users on other social media networks like Telegram and X. <\/span><\/p>\n

While bullish terms like ”buy” and ”bottom” showed a spike on Santiment’s social volume metric for Reddit, users on X and Telegram were still in bearish mode, the firm said.<\/p>\n

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📈🧐 #Bitcoin<\/a> has rebounded back above $40K, and social platforms are split on how to respond to the volatility that has been prevalent ever since the #ETF<\/a> approvals 2 weeks ago. When #Telegram<\/a>, #Reddit<\/a>, #X<\/a>, and #4Chan<\/a> are all in an extreme level of #bullish<\/a> or <\/p>\n

(Cont) 👇 pic.twitter.com\/B6u5WV164R<\/a><\/p>\n

— Santiment (@santimentfeed) January 25, 2024<\/a><\/p><\/blockquote>\n