Key facts
- Bitcoin was trading around $80,000.
- Analyst Michael Sullivan compares the current market sentiment to a 2015 disbelief rally.
- Language-based data indicates a hidden bullish setup for Bitcoin.
Bitcoin was trading around the $80,000 mark, a price level that analyst Michael Sullivan likened to the "disbelief rally" seen in 2015. Sullivan suggests that language-based data analysis is revealing a concealed bullish setup for the cryptocurrency, potentially signaling the early stages of a bull market despite prevailing investor caution.