Market Bottom Consensus: Is It a Sign of Further Decline?

Bitcoin’s recent surge in price has sparked widespread consensus that we’ve reached the bottom of the market, but new data from Santiment suggests this optimism might be premature. Their analysis indicates that genuine market bottoms rarely emerge when everyone expects them. Instead, true lows often occur when most traders still fear further drops. Why is a lack of agreement potentially a warning sign? 🤔, Santiment’s historical analysis shows that when social media fills with ‘Bitcoin bottom’ calls and traders confidently declare the worst is over, this often signals caution instead. This divergence suggests we might not have seen the final low yet.