Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
trashman43
on 20/06/2015, 22:18:55 UTC
seems the poll is heavily leaning bullish..... makes me think the opposite will happen.

Historically speaking the highest poll vote is more often wrong than right. If the top vote is for going up >300 then it will probably either go up less than that, sideways, or down.

yeah, usually most people are wrong. it's the same often when you look at forex commitment of traders -- kind of like a bfx swaps for forex. most retail traders are always on the wrong side of the trade.