Misludge CRIPTO Narratives continue, driven by “sensationalist” feeling – Tradingview News

The crypto analyst says that incorrect narratives continue to circulate in the cryptocurrency market, mainly based on distorted information, and not to provide data to support it.

“Be careful for misinformation. Despite the data, the Narrative still existed,” Criptokuent Contributor Uncained “, said in the report on the market 22. March.

“Such claims are often lacking with the distribution of validation and manage sensationalist market sense, not objective analysis,” analyst said, adding:

“Data trust, not noise, check sources and cross-check the metrics about Onchain”.

Huge pointed to recent bitcoin movements Btcusd Long-term holders (LTH) – those held for more than 155 days – as an example of false narratives conflicting with actual data.

The analyst pointed out that although some nature claims that Bitcoin long-term worn “Captivation”, shows data to remain consistent. “The data does not leave room for speculation,” said the triggered.

Inactive SHIFT SHIFT (ISSI) index – which is moved to a long-term bitcoin supply – “does not show meaningful pressure pressure in LTH, reinforcing the narration of structural demand that prevents the supply,” said.

Narratives are always challenged

The CRIPTO Analytics Platform GlossOdode recently made similar observation based on data, saying, “long-term activity carried greatly, and a significant decline in necessary pressure on their sales side.”

Cripto Market Narratives are constantly changing and challenging.

One long-term crypto in discussion is the relevance of a four-year cycle theory, indicating that Bitcoin’s price is followed by a predictable pattern related to its halved events every four years.

Mn Trading Capital Founder Michael Van de Poppe said for 22. Marta K Post “, I guess we can delete the entire four-year cycle theory and that we are in the long cycle for AltCOINS.”

Solving a similar feeling, mostly investing the main investment officer Matt Hougan recently said that the “traditional four-year cycle is ready in crypto” due to the recent change of the US government’s attitude.

“Cripto moved to four-year cycles from the earliest days. But the change of DC introduces a new wave that will play more than a decade,” Hougan said.

In addition, some analysts even discuss whether the entire Bilcoin market is over.

The cryptocuant founder and General Manager Ki Young said that 17. March 17. Marta “” Bitcoin Bull Cycle ended, expecting 6-12 months of bears or aside action in Boka. “

He said that all Bitcoin Onchain Metrics would show the bear market. “With the drying of fresh liquidity, new whales sell Bitcoin at lower prices,” he said.