The cryptographic analyst claims that misleading narratives are still circulating on the cryptocurrency market, mainly based on distorted information, not on data, to support it.

“Watch out for disinformation. Despite the data, the misleading narratives maintain he said In a market report on March 22.

“In such claims they often do not have onchain validation and are powered by sensational market moods, not an objective analysis,” said the analyst, adding:

“Data on trust, not noise, verify the sources and indicators of cross checking.”

ONCED pointed to the recent movements of long-term Bitcoin owners (BTC) (LTH)-who have over 155 days-as an example of false narratives that interfere with real data.

The analyst noticed that although some narratives say that long -term Bitcoin owners “capitulate”, the data show that they remain consistent. “The data leave no room for speculation,” said Onchained.

An inactive supply indicator (ISSI)-which measures the degree in which the long-lasting bitcoin supply changes-“does not show significant pressure of LTH sales, strengthening the narrative about the supply of demand for structural,” said Oncained.

Narrations are always questioned

The Crypto Analytics Glassnode platform has recently made a similar observation based on data, saying: “Long -term activity remains largely subdued, with a significant decrease in pressure on sales side.”

Cryptographic market narratives are constantly changing and are questioned.

One of the long-lasting cryptocurrency narratives during the debate is the meaning of the 4-year theory of the cycle, which suggests that the price of Bitcoin is consistent with the predictable model related to its half every four years.

My founder of the commercial capital Michael van de poppe he said In the post of 22 March “I assume that we can erase the entire 4-year theory of the cycle and that we are in a longer cycle for Altcoins.”

Related: Cryptographic markets will be exerted on pressure by trade wars until April: Analyst

Repeating a similar sentiment, investment director of BitWise Invest Matt Hougan recently said that “a customary four -year cycle has come to an end” due to a recent change in the position of the US government.

“Crypto has moved in four-year cycles from the earliest days. But the change of DC introduces a fresh wave that will take place for a decade,” Hougan said.

In addition, some analysts even debate whether the entire Bitcoin bull market is over.

Founder and CEO of Cryptoquant Ki Young JU he said In the post of March 17, “Bitcoin Bull Cycle ended, expecting 6-12 months of price or side action.”

He said that all onchain Bitcoin indicators point to bears. “After the fresh liquidity dries, fresh whales sell bitcoins at lower prices,” he said.

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