Mysteriously or rather contrarily according to expert analysts in the crypto market, when retail investors have bearish predictions, it is the best time to start buying Bitcoin or any alternative cryptocurrency.

It is noteworthy that in the last week the price of Bitcoin showed signs of slight recovery, after the sharp fall experienced last weekend, so that the value of BTC remained more or less stable in these days in a range that oscillated between 90,000 and 98,000 dollars.

The latter action seems to support analysts' hypothesis, therefore, the current BTC price action could be a signal to start buying, as many retail investors have bearish sentiment.

Source: newsbtc

Recall that Bitcoin is indeed in a downtrend, and in the last three months has lost almost half of its value since it established its all-time high at over $90,000.

However, beyond retail investor sentiment, the recent Fed announcement of a rate hike scheduled for next March was one of the price drivers in the last week.

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