BTCUSD is now enjoying the longest bull market since the 2017 bull market where prices reached $20000 USD per BTC. In spite of this, moving averages at the daily level still assert we are overbought and most traders are net long on BTCUSD, although Daily FX's sentiment analysis suggests that because of the change that sentiment still suggests a bullish run although the methodology does not just look at which way traders are going.
Sentiment can be found here dailyfx.com/sentiment?ref=SubNav
More of my analysis can be found here anthonylaurence.wordpress.com
Sentiment can be found here dailyfx.com/sentiment?ref=SubNav
More of my analysis can be found here anthonylaurence.wordpress.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.