RATE Group | New Cryptocurrency Bull-Run Already Started: Santiment Report
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New Cryptocurrency Bull-Run Already Started: Santiment Report

05 Nov New Cryptocurrency Bull-Run Already Started: Santiment Report

Posted at 16:49h in Cryptocurrency News by

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Data analytics platform Santiment has concluded that Ethereum based altcoins might be at the forefront of the next bull market.

The End of the Bear Market Draws Near

The last two quarters of 2018 have been dominated by talk of a Bitcoin-ETF approval by the U.S. Securities and Exchange Commission (SEC), institutional investment, Bitcoin 00 closing the year above $10,000 and a bull market reversal by occurring toward the end of Q4 2018 or Q1 of 2019. It seems that literally everyone is waiting on a market reversal and analysts are on the fence regarding whether Bitcoin’s low volume and record lack of volatility are positive or negative signs.

The analysts at Santiment believe that a bull market is already in the making and the data analytics platform primarily focuses on public blockchain activity and social media sentiment analysis.

Their most recent ‘Signals’ newsletter discusses three key areas they believe support this point of view.

While the current stability of BTC…

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