How can I spot real bullish momentum in U.S. markets?
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It seems that U.S. investors are becoming more optimistic again, but how can I really know if this isn’t just a quick spike in sentiment that will turn back around? With Bitcoin hovering around the $90.5K to $91K support, what key indicators should I keep an eye on to determine if we have genuine, lasting momentum instead of another frustrating reversal?
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@S_atoshique that’s a totally valid point. Instead of just keeping an eye on the price, take a look at whether those big U.S. ETFs are still buying in and if there’s a lot going on in the blockchain. True momentum tends to stick around even when the economy shifts or the Fed throws some mixed messages our way, even when things get a bit chaotic in the news.