Social (behaviour) trends

We can see from here yet another example how negative sentiment leads to the price growth, if even the fundamental reasonings are not good

Just a set of two major (imo) MVRV, one for 30days, and another for 365 days We have recently entered into a negative territory for BTC, means that there are now average holders who are in losses. Though historically that could mean that we are about to bottom, we could also go lower. Maybe 62k-65k would be more consistent with the previous MVRV values

The ratio of positive and negative sentiment across social media for the given asset, compared to its price

A bit limited at the moment set of the metrics, includes social dominance, trading volume and the place in the "trending topics". Top values for the "Trending Social Rank", coinciding with the diverging social diminance (vs. price) might hint about the top formation

In today's analysis, we focus on a specific metric: "social dominance" for Bitcoin (BTC), which has notably dipped. Before speculating on po...