Short term social media data suggests that traders aren't calling for buying the Bitcoin (BTC) dip right now... but the long term picture is much brighter, with separate research showing that 77% of family offices in the U.S. are either looking at, or have invested in crypto.
The BTFD data was compiled from posts mentioning “buy the dip” on social media platforms such as Twitter (NYSE:TWTR), Reddit, Discord and Telegram by K J Lanaul and published on the Insights Santiment blog earlier this week. It tells a positive story too, in a roundabout way.