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Crypto Analyst Says Traders’ Instincts on Bitcoin’s Trajectory May Be Wrong As BTC Approaches Monthly Close – The Daily Hodl
A closely-followed pseudonymous trader and crypto analyst says that traders’ gut reaction to Bitcoin’s recent price action might be wrong as the top cryptocurrency nears its monthly close.
A closely-followed pseudonymous trader and crypto analyst says that traders’ gut reaction to Bitcoin’s recent price action might be wrong as the top cryptocurrency nears its monthly close.
In a tweet, DonAlt says the prevailing bearish sentiment for BTC appears to be unwarranted.
“It’s very, very weird seeing sentiment be this bearish, with neutral or negative funding above $10,000. Don’t think I can remember a time where that has happened before.”
The trader explains that the recent BTC pull…
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