Top BTC forecasters turn more cautious on crypto market outlook

CryptoQuant said the gap in investment sentiment between its most accurate Bitcoin analysts and the broader analyst group is widening. According to CryptoQuant, a one-year tracking of 66 BTC analysts on its in-house consensus platform showed the sentiment indicator for the top 10 forecasters by accuracy fell 21 percentage points to 58 from 79 over the past month, while the reading for the remaining analysts slipped nine percentage points to 68 from 77 over the same period. CryptoQuant said the higher-accuracy analysts are adjusting their market outlook more quickly in a conservative direction than other analysts.