The Trust Layer for Market Analysts

The video presents a contrarian viewpoint suggesting that Bitcoin may have been in a bear market for most of the year, despite reaching new all-time highs when priced against the USD. It argues that Bitcoin's performance looks less bullish when compared against other assets like the Euro, Gold or major stock indices like the Nasdaq and S&P. The analysis notes downward trends in active addresses and transactions. It references long-term holders selling off Bitcoin. The video concludes that since current economy has been quite unstable so it's been difficult for Bitcoin to really have a Bull trend but president Trump will help with that as he needs good economy to get elected and the video infers a target price of $125000 but also sets a failure bound of $70000.