INSIGHT: This is an observation that @Matt_Hougan recently made as well. #Bitcoin is reacting less and less to bad news - this kind of "habituation effect" in markets usually coincides with bottoms and can be applied to any asset class. In fact, bitcoin:native 's intraday sensitivity to negative changes in the @CFGI_io sentiment index over 30 days has never been lower. Last time this happened was in late 2022...
André Dragosch, PhD⚡Share
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