WIN BITCOIN
Dang Quan Vuong
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Vuong has been a startup, entrepreneur, and investor aside from his duty on market analysis. He is curious about human rights, and studies on the theoretical foundation of decentralization and the social impact of moral sentiment.
The Effect Of Sentiment On The Bitcoin Price
Social sentiment is often correlated to the bitcoin price and can have a snowball effect for price movements, both to the upside and downside.
Bitcoin Utility Grows During The Bear Market
On-chain data shows that the current market cycle is unique, with more Bitcoiners transacting peer-to-peer and outside the realm of exchanges.
Market Sentiment Is Not As Strong As On-Chain Activity
The state of Bitcoin can be demonstrated with on-chain metrics that paint a more bullish picture than the current derivatives market sentiment.
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