CryptoQuant: Bitcoin Bullish Analyst Share Jumps to 84% From 37% in July
- —Share of bullish analysts on BTC rose to 84% from 37% on July 1
- —Figures come from CryptoQuant's weekly report dated October 14
- —The sentiment shift took place in just over three months
Why it matters: The sharp rise in bullish analyst sentiment may signal a shift in market consensus, but it also raises the risk of one-sided positioning.
Source: Coinotag
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