Crypto News

Pushing crypto narratives continue, moved “sensationalist” feeling

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 data, misconceptions still exist,” Criptokent Contributor “Uncaned” said In the report on the market 22. Marta.

“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”.

Triggered pointed on recent bitcoin movements (Btc) 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

Cripto Analytics Platform GlassOde recently made similar observation Based on the data, saying, “long-term activity carried greatly brilled, with a significant drop in their pressure.”

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.

Cryptocurrency

Source: Thomas Greif

Mn Trading Capital Founder Michael Van de Poppe said For 22. Marta x post “I guess we can erase the whole four-year cycle theory and that we are in the long cycle for Altcoin.”

Related: Cripto Markets will be under pressure from trading wars by April: analyst

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 whole Bitcoin Taurus Market is over.

Cryptocuant founder and all of Ki Young her said In Fight 17. Marta K Post “Bitcoin Bull Cycle is completed, expects 6-12 months of bears or sideways to the side.”

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.

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