santiment: Bitcoin set a new all-time high of $109.3K on Monday in the early hours before Trump’s inauguration. However, prices quickly corrected as greed and FOMO took hold on social media. This chart shows mentions on X, Reddit, Telegram, 4Chan, and Farcaster for: for:

🟥 Bitcoin Calls Buy in the $110K-$119K Range
🟨 Bitcoin Calls Buy in the $100K-$109K Range
🟦 Bitcoin Calls Buy in the $90K-$99K Range
Prices historically move in the opposite direction of what the crowd expects, especially in the short term. When the crowd is frequently calling for prices lower than the current market value of Bitcoin, it is a great sign that whales are buying up the coins that retail is selling (causing prices to rise).

When the crowd is frequently calling for prices higher than the current market value of Bitcoin, it is a great sign that whales are selling off the coins that retail is buying (causing prices to fall).