Previously, Cameron Winklevoss matched his brother's
bullish sentiment by claiming Bitcoin could see a 40x increase in valuation «someday.»
Previously, Cameron Winklevoss matched his brother's
bullish sentiment by claiming Bitcoin could see a 40x increase in valuation «someday.»
Not exact matches
Brent crude futures were down 49 cents at $ 73.57 a barrel
by 0911 GMT, while U.S. «Underlying
sentiment is
bullish... we've got an important decision from Trump coming up in May and we have OPEC potentially trying to» overtighten'the market,» Saxo Bank senior manager Ole Hansen said.
However, despite generally
bullish sentiment, analysts said the market had been dented
by rising output in North America.
Periods of persistent
bullish or bearish
sentiment are usually confirmed
by excessively high or low valuations, which is not the case at present.
This
bullish sentiment is shared
by Mike McGlone, senior commodities analyst with Bloomberg Intelligence, who writes that commodities» strong performance in July «could be the beginning of a trend.»
The logic behind this approach comes from the fact that the previously bearish
sentiment is overextended and is being overcome
by bullish momentum.
The logic behind this approach comes from the fact that the previously
bullish sentiment is now being «overshadowed»
by bearish momentum, and prices are likely to continue lower.
The consensus for the
sentiment shift from bearish to
bullish seems to be the positive and mature outlook offered on the cryptocurrency sector
by Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC) during his testimony in front of the Senate Banking Committee last Tuesday.
Sentiment in the options market, as indicated
by 1 - month risk reversals (a measure derived from the relative prices of put and call options in the Australian dollar), has also become more
bullish since mid 2004.
The central issue is much more general: when extreme valuations and lopsided
bullish sentiment are joined
by deterioration in market internals, one faces an environment that couples compressed risk premiums with increasing risk aversion.
The
bullish sentiment on Wall Street may have been spoiled
by fresh reports of a doctor who recently returned...
This is evidenced
by the TSI Index of
Bullish Sentiment (TIBS) hitting a 20 - year high at that time.
Global financial markets entered 2004 in a
bullish mood, with market
sentiment underpinned
by signs that the world economic recovery is gathering pace.
By itself, none of this would be overly concerning, but in conjunction with foaming - at - the - mouth
bullish sentiment, stretched valuations and a sharp slowdown in money supply growth, it is hard to be anything but concerned.
The 44 periods with
bullish sentiment readings more than two standard deviations above average were followed
by a six - month fall in the S&P 500 only 48 % of the time.
That said, risk assets are no longer cheap and
sentiment is overly
bullish, so investment gains will need to be driven primarily
by growth in fundamentals rather than multiple expansion.
These developments have resulted in
bullish sentiment for its institutionalized VOISE tokens, as evidenced
by its growing market capitalization on CoinMarketCap.
While the general
bullish sentiment in the cryptocurrency market helped Litecoin advances, the reason why it became the winner of the crowd could be due to a Reddit Ask Me Anything session with Abra, a high - profile crypto startup backed
by American Express.
The market is highly
bullish, according to
sentiment data provided
by leveraged bitcoin trading platform Whaleclub.
Still, market
sentiment has been
bullish, according to figures provided
by a handful of exchanges, even with the confirmation that major Chinese exchanges Huobi and OKCoin had stopped offering margin trading.