Bitcoin Desire Hits 8-Year Low | Michael Sullivan SLP756

What this episode covers

Bitcoin desire sentiment has fallen to an eight-year low, a contrarian signal that historically aligns with market bottoms rather than tops.Michael Sullivan, an engineer and author, applies machine learning to individual X accounts to track granular Bitcoin emotions and moods over time.He examines how entry eras shape lasting narratives, why pro-BIP 110 cohorts show strikingly low conviction, how individual tracking avoids bot pollution, and why boredom plus infighting often mark optimal accumulation zones.Timestamps:01:44 — Conviction Isn't Bullish or Bearish07:05 — Why Individual X Tracking Beats Bots09:53 — Desire Peaks Flag Bull Market Tops11:49 — Bitcoin Desire Hits 8-Year Low16:27 — New Bitcoiners Angriest Right Now21:00 — Bitcoin Entry Era Shapes Your Views Forever?22:48 — BIP 110 Backers Show Strikingly Low Conviction25:33 — Pro-BIP 110 Group Lives in Its Own Bubble28:39 — BIP110 Brigading Creates Fake Consensus31:57 — OGs Optimistic, Plebs Stay Angry37:13 — X Algo Shift Sparks Bitcoin Optimism39:57 — Why Sentiment Metrics Fail for Trading41:55 — Boredom and Infighting Signal Bitcoin BottomLinks: Michael's X: https://x.com/SullyMichaelvanBitcoin Sentiment Weekly on Substack: https://sentimentsully.substack.comMichael’s novel, Blood of the Bourgeoisie: https://www.amazon.com/Blood-Bourgeoisie-Michael-R-Sullivan-ebook/dp/B0FRZTM49YStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

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