Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment — TradingView News

The proportion of social posts about buying the crypto dip has surged to its highest level since April, as Bitcoin fell below the psychological $100,000 price level, according to recent data.

“With Bitcoin falling as low as $95.5K today, the ratio of crypto discussions that are about buying crypto’s dip has reached its highest level in over 8 months,” crypto analysis firm Santiment said in a Dec. 19 X post.

Highest social dominance score in 8 months

The social dominance score — mentions of ‘Buying the Dip’ across social media platforms — hit 0.061 on Dec. 19, as Bitcoin BTCUSD has now remained below $100,000 for approximately 12 hours at the time of publication.

It is the highest social dominance score since April 12, when…

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