Post
Topic
Board Speculation
Re: Bitcoin Price Dropping - Are You Scared?
by
baltasarlicht
on 27/09/2019, 14:37:33 UTC
Bitcoin's price has dropped significanty, and there is a great deal of FUD and pessimism in the market.

The Fear and Greed index is at 12 today https://alternative.me/crypto/fear-and-greed-index/ - close to as low as it has ever been.

ah that's nothing. we got down to at least 5 back in august. i agree that sentiment is getting there though---lots of people around here are becoming legit fearful. there's also lots of bears cheering on lower prices.

Strangley or not though, I'm not worried. For me this just seems like part of the plan.

that's one anecdotal indication that we haven't seen the bottom yet. Wink which is also in line with the index only hitting 12 so far......

Bearish sentiment across Twitter, Reddit & Bitcointalk not been that high since Dec 2018! And people start calling the bottom again:

https://i.imgur.com/9qZR4Ta.png