Bitcoin Price “Climbing the Wall of Worry” – Early Signs of Bull Market | Michael Sullivan
BTC when published $80,608Now $80,353 ▼ −0.32% since it was published
▶ Bitcoin Magazine Bitcoin Price “Climbing the Wall of Worry” – Early Signs of Bull Market | Michael Sullivan 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. Chapters: 00:00 Michael Sullivan on Bitcoin and Currency Decay 00:58 Bitcoin’s Pullback From $86K: Is This a Disbelief Rally?
First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.
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