The CSH Score has been below 30 for eight straight weeks. Last time that happened was 2022. The score stayed under 30 for about six months before BTC bottomed at $15K. Nobody who was accumulating at $16-20K knew it was the bottom at the time. They just had a system telling them conditions favoured buying. They were scared too. They bought anyway. Score is at 21 right now. Sentiment at 9. Same signal. Different cycle. Same playbook.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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