Over recent weeks, overall sentiment in the crypto market has seemingly begun to express signs of turning optimistic. A number of polls conducted on Twitter indicated that investors, by and large, thought that a Bitcoin (BTC) bottom was in. Cryptocurrency commentators began to tout the merits of a bull rally in these depressed conditions. And bullish price predictions trended on Crypto Twitter.
But, one analyst, who has yet to get fully inebriated on the improving market conditions, recently reminded his 100,000 plus followers that it would be wise to stay sober. Here’s why.