Bitcoin Price “Climbing the Wall of Worry” – Early Signs of Bull Market | Michael Sullivan
Photo: Bitcoin Magazine
Holding $80K amid washed-out sentiment mimics 2015's disbelief rally, explains Michael Sullivan as language-based data reveals a hidden bullish setup. Bitcoin is holding near $80K, yet the crowd has never seemed less excited and that might be the most bullish signal of all. Michael Sullivan, software engineer and author of Bitcoin Sentiment Weekly, breaks down what language-based sentiment data says about this market. He explains why excitement, conviction and desire are washed out to levels he compares to 2015, and why that looks like the early stages of a disbelief rally.
Source: Bitcoin Magazine
