Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months.
Mentions of “buy the dip” on social platforms Reddit, X, 4chan and Bitcoin Talk briefly doubled over the last two days as Bitcoin (BTC) fell below $60,000 for the second time in four months.
According to crypto research firm Santiment, which tracked the total mentions across the four platforms, as crypto traders debated what stage of the bull market Bitcoin is currently in.
“The crowd is showing signs of seeing this as a buy the dip opportunity,” said Santiment in a post on X, adding: