The short term data from social media suggests traders don’t want to buy the Bitcoin dip at the moment… But the longer term picture looks brighter with separate research showing 77% of U.S. family offices are looking into or having invested in crypto.

The BTFD data was compiled from posts mentioning “buy the dip” on social media platforms such as Twitter (NYSE:), Reddit, Discord and Telegram by K J Lanaul and published on the Insights Santiment blog earlier this week. The positive side of the story is also told in an interesting way.

Crypto: The family’s best friend