Sentiment Speaks: Bitcoin Is About To Bottom

Summary

• The bear market in bitcoin has soured sentiment.

• We see anecdotal evidence that sentiment is nearing a bottom.

• Our analysis suggests that price is also nearing a bottom.

This idea was discussed in more depth with members of my private investing community, The Market Pinball Wizard.

The painful nine month bear market that began when Bitcoin topped in the mid $19,000’s is now the second longest bear market in crypto history; second in rank to one that began after the Mt. Gox sent Bitcoin down nearly 90% in 18 long months.

Article by Avi Gilburt over at Seeking Alpha, link below.

https://seekingalpha.com/article/4205865-sentiment-speaks-bitcoin-bottom