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Bitcoin’s (BTC) price nearing $70,000 has sparked a shift in market sentiment, with a surge in bullish posts among traders. However, one trader warns that the market isn’t quite there yet and still has a way to go before it can truly be called bullish. “I don’t think the sentiment is that bullish currently,” independent crypto analyst Matthew Hyland opined in an Oct. 18 X post. Crypto market is an ‘echo chamber’He suggested that those in the crypto industry can have a volatile mindset toward sentiment, however, a shift in market sentiment also requires an increase in retail investor interest. …

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