Not exact matches
Investors turned
extremely bullish when two of the world's biggest derivatives markets, the CBOE and the CME, announced the introduction of a Bitcoin futures contract.
At any moment in time, if sentiment is
extremely bullish / bearish, some
investors may want to go short / long in anticipation of a reversal of how market participants feel.
Because of this price action, many
investors who otherwise have been
extremely bullish about cryptocurrency have since become the opposite.