Weak altcoins vs Bitcoin Loading... : Investor Sentiment and Bull/Bear Views
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18:52
Jul 14
Jul 14
Short weak alts versus Bitcoin
Many crappy altcoins are backed by teams loaded with bags waiting to dump, and unlike 2021 there is no illusion that a new wave of retail buying will bail them out. Participants who were traumatized will sell rallies into U-shaped recoveries. He screens the top 100 assets by negative Sortino/Sharpe for steady selling and expects those to be good shorts versus Bitcoin after they appreciate, rather than versus USD. He is not touching them immediately and says he might even buy trash first, but sees entry points over the next few months.
MED
About Weak altcoins vs Bitcoin Investor Commentary
Across the available history and selected sources, Buzzberg tracks Weak altcoins vs Bitcoin across 1 sources: 0 bullish vs 1 bearish calls from 1 authors. Historical directional balance: -100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Jonah Van Bourg.