Tag: hopium

Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity

Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity

The price of Bitcoin (BTC) has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for expl [...]
A Dose of ‘Hopium’ for Bitcoin Bulls From 1970s

A Dose of ‘Hopium’ for Bitcoin Bulls From 1970s

"The 1972-1984 playbook shows how equities bounced right as the CPI peaked even as the earnings outlook deteriorated markedly at the same time," Andre [...]
Will Ethereum Merge hopium continue, or is it a bull trap?

Will Ethereum Merge hopium continue, or is it a bull trap?

Ethereum is outperforming the broader cryptocurrency market as the highly anticipated Merge approaches, but the bigger picture is still largely bearis [...]
El Salvador president addresses bear market concerns with Bitcoin hopium

El Salvador president addresses bear market concerns with Bitcoin hopium

El Salvador introduced BTC as legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukele’s government made signif [...]
Declining ‘Buy the Dip’ Mentions Signal Fading ‘Hopium’ in Bitcoin Market

Declining ‘Buy the Dip’ Mentions Signal Fading ‘Hopium’ in Bitcoin Market

Bitcoin was trading near $37,700 at press time, representing a 1.8% gain on the day, and the futures tied to the S&P 500 were down 0.3%. The crypt [...]
Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

It may be a sign that bitcoin is yet to find a bottom. “Just look at the previous spikes in the buy the dip calls and you’ll notice that they’ve of [...]
Need some Bitcoin ‘hopium’? This chart calls for new BTC price all-time high by November

Need some Bitcoin ‘hopium’? This chart calls for new BTC price all-time high by November

Bitcoin (BTC) is on track to see new all-time highs this month and at least $72,000 in November if the latest price data is accurate.In a tweet on [...]
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