On Growing Market Inertia - and What Might Help Break it (Santiment Weekly Pro Report)
While Bitcoin was quick to recover from last week’s dip, the wavy price action seems to have deflated market expectations and squashed the ATH hype.
For the most part, hard data appears to confirm this as well. As we’ll explore below, there have been growing signs of market indecision taking form in Bitcoin’s fundamentals since the start of the week.
And while the next move looks undecided as of yet, there’s a number of metrics that might help reveal it in days to come. We cover it all, in this week’s Pro report:
Inertia takes over
As BTC reclaimed the $19k mark to start the week, a number of indecision markers have begun to emerge in top coin’s fundamentals.
On December 1st - right as Bitcoin broke
There’s more of this Insight
Choose your subscription plan
Years of market experience, compressed in each report
Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.
Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.
Our previous TOP calls:WAVES crowd sentiment patternMATIC charts a new ATH: is the top in?ICX insanity. How far could it go?
What you get with Sanbase Pro:
- Members-only daily market insights and analysis
- 30+ on-chain, social & project indicators for 900 cryptocurrencies
- Custom alerts for the coins' price, on-chain & social trends
- Santiment Spreadsheet plugin with 10+ pre-made market templates
- Personalized asset watchlists and weekly performance reports
Gain unfair advantage with Sanbase Pro
Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!