@CryptoManhatt @AlexSaundersAU @crypto_birb @TheBirbNest @cryptomocho @danifromtheblok @fernando_fibra @CryptoGodfrey @cryptophile_btc @itsyaboymattyg @brandostyles “Many believe” does not imply “our company believes”. Part of our platform’s tracking involves sentiment tracking and popular commentary, and this narrative is showing increasing popularity.
@BitcoinRonahi I’m just tracking fundamental flows, January profit-taking is a narrative, if the flows stop, then sure, profit taking begins, not seeing it yet. SOPR is only really useful when profit-taking is dominant.
@BethOp111 @BitcoinRonahi Not really whales, more OGs (owning older coins), they tend to sell into every rally, I just form a narrative around that: sooner or later nobody wants to die BTC rich without living their life to the full, thus they liquidate incrementally.
Bitcoin price just set a new all-time high today, and then immediately dropped $500 and is trading below the former peak once again. Murmurs of a “double top” scenario have been making rounds across the speculation-driven crypto community. However, one well-known crypto trader and analyst explains why such a scenario is nearly impossible, due to […]