Unfortunately, there are some reasons to be scared : the Lightning Network hack, the failure of Bakkt launch and the Google quantum computing exploit.
How realistic is the Google quantum computing exploit though?
Has anyone run a study of how effective this indicator is? I'm a little skeptical about some of their data sources like Google Trends, Bitcoin Dominance, and the way they analyze Twitter.
I check it everyday, and it seems to be very reflective of the sentiment of people.
It only updates once a day though, and it is based on movements in the price, so you can't really use it as an indicator for trading.
Most of people investing in Bitcoin are not computer scientists neither even tech savvy. So they don't care how feasible it is