This Metric Is Flashing a ‘Typically’ Bullish Signal for Bitcoin, According to Crypto Analytics Platform Santiment
Analytics firm Santiment is highlighting one metric that usually precedes a rally for Bitcoin (BTC) and other crypto assets.
Santiment says the ratio of bullish king crypto sentiment to bearish sentiment from retail traders has reached a two-month low.
A low ratio of the metric is “typically a bullish sign,” according to the analytics firm.
“With crypto in a bit of a lull, traders are showing signs of impatience and bearish sentiment. There are just 1.03 bullish comments for every 1 bearish comment, which hasn’t happened since peak fear, uncertainty and doubt (FUD) during initial tariff reactions on April 6th…
…Markets historically move in the opposite direction of retail’s expectations. A prime example was the…
