FederalXBT

Majority Right Or Majority Wrong? OCT-MARCH Parabolic Bull Run?

Long
INDEX:BTCUSD   Bitcoin

Credit PlanB on Twitter his polls have always been a great indicator based on
"hive mind thinking"

-------------------------------------------------
19,088 votes
-------------------------------------------------
Bull after halving, again 59.6%
-------------------------------------------------
No 2024/2025 bull market 17.5%
-------------------------------------------------
I don't know 22.9%
-------------------------------------------------

So this means there's an even higher probability for a new smaller
bull cycle PRE halving OCT-MARCH.

Followed by the smaller portion agreeing No 2024/2025 bull market Meaning there will be another bull market towards the end of 2024 going into 2025.

I state this on the chart with 1. 1. then 2. 2.

Logically for the "market" to catch most of guard would require a rapid move very soon that could be a Spot ETF approval Bitcoin gains a few trillion in market cap and then remains stagnant for the rest of 2024.

Followed by another accelerated growth in 2025-2026.


As we can see almost always "Retail" is behind the curve and always wrong when it comes to financial markets as they use emotion over logic with anything.

I don't "day trade" I don't recommend it, I hold sound assets and growing sectors.

But we monitor the sentiment as if something like this does rapidly unfold there will the chance to rebalance after the "Spot ETF allocation hype slows down"


Anybody who has any sentiment polls or DATA similar to this feel free to comment so far Twitter is the only source to monitor retail hive thinking. . .

TVC:DXY/FRED:BAMLH0A0HYM2
Takes the DXY with the ICE BofA US High Yield Index Effective Yield telling us we are at a tipping point in the DXY so DXY fall? > Rates possibly fall? > Liquidity up?

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.