Crypto sentiment hits extreme fear as dollar shorts hit record 

The cryptocurrency market is showing signs of deep pessimism, but some analysts say the same conditions that have weighed on prices could also be laying the groundwork for a recovery. Analysts at Matrixport say their sentiment gauge has reached levels that historically mark “durable bottoms,” while Bank of America’s latest survey shows investors are the most underweight the dollar since early 2012. A recent flip in bitcoin’s correlation with the dollar means either outcome could fuel volatility. Sentiment points to a potential bottom Matrixport said sentiment has fallen to “extremely depressed levels,” adding that its bitcoin fear and greed index tends to form durable lows when the 21-day moving average drops below zero and then turns higher, which it says…