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My long-standing skepticism about survey data has reached the point where I feel compelled to comment on the current state of the art. While it is always risky to ignore broad, deep, and reliable surveys, I’m following up on a few prior sentiment posts. First off, we are not discussing online surveys; those are easily gamed and worthless. Rather, I am ...
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Bitcoin rallied last week, but it remains inside a large range. Has Bitcoin topped out, or will the rally resume? That is the central question in every trader’s mind. Analyst “ELI5 of TLDR” said in a X post that five out of seven on-chain indicators show that the bull market may be just getting started, while two show topping patterns. Bitcoin’s bounce off ...