The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be stuck in limbo, a crypto analyst has applied the information from the Wall Street Cheat Sheet in an effort to show where we are in the bull cycle. Bitcoin Cycle Moves Into Belief The different stages of the Wall Street Cheat Sheet represents different sentiment in the market and it could help to predict where the Bitcoin price is headed next. According to the crypto analyst Mags who has over 89,000 followers on X (formerly Twitter), the Bitcoin market has currently entered the ‘Belief’ stage. Related Reading: 72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need? Belief is the stage that comes after Optimism, which the crypto analyst puts at around the time the Bitcoin price hit it ..
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