Connect with us

Business

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.

Published

on

post featured image

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…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending