Bullish Sentiment Takes Over Crypto Market As Most Bearish Analyst Turn Bullish Once Again

Bullish sentiment takes over the crypto market as BTC price soars.

Analyst who turned bearing in Q1 turners bullish ahead of schedule

He preaches the importance of flexibility in the volatile market of crypto.

The crypto market saw a sudden change in sentiment today thanks to Trump’s announcement on suspending the tariff war. His call for a 90-day suspension on all tariff excluding those placed on China led to a $4 trillion US stock market recovery and a $2.5 trillion total market cap count in crypto. This bullish sentiment takes over the crypto market specifically

Bullish Sentiment Takes Over Crypto Market

Earlier this week the US stock market and the crypto market both saw a tragic and brutal liquidation likely caused by Trump’s tariff announcement. Two separate tariff announcements led to two harsh dips that took the price of BTC and ETH to much lower value which in turn took rest of the crypto market down as well. The continuous downward price action lead to ‘Extreme Fear’ market sentiment leading analysts to believe that much lower lows were in store for the price of BTC

Initially the price of BTC sank from $83,000 to $75,000. This led one bearish analyst to expect much lower dips that would take the price of BTC to $50,000 - $60,000. Similarly, others expect 80% to 90% price dips if the tariff war were to continue. Already other nations responded with tariffs on the USA in retaliation. However, many took the dip as an opportunity to accumulate

Bearish Analyst Turns Bullish Again

Michael Saylor and Strategy was one among them. Another analyst who was initially bullish and turned bearish even warns Saylor he would regret the move. However, only a few hours later, the same analyst saw undeniable bullish signals for Bitcoin and the crypto market. Adapting to a change of winds, a very common occurrence in a market as volatile as crypto, the analyst announced that he was once again bullish and began to heavily accumulate Bitcoin (BTC)

As we can see from the posts above, this silver-tongues analyst admits to buying BTC now after selling all of it at the $90,000 price range. He explains clearly why it is so important to be flexible or fluid like water to make the most gains in a market as ever-changing as crypto. Changes in this market come more swiftly than any other. Thus, the analyst concludes that is it important not to stick to previous predictions and start with a fresh outlook as the market shifts like dunes in a desert

This analyst expected the Bitcoin recovery and pump only to arrive after May. Initially, he turned bearish due to Trump’s Bitcoin Reserve announcement. It seems it is crucial to remain on our toes as the crypto market is highly sensitive to any political shifts. As always, constant vigilance is the core value traders must cultivate to stand victorious in crypto