FEAR + GREED AUG 2019 BTC has just had a good pump from $3000 to $10,000 apprpox.
I would have assumed F&G would have been more in the 60s/70s because we eventually got a drop to $6000 and back to $3000.
Why was F&G so low (fear) after a pump. It would suggest the sentiment was to buy?
I know it's not a science but just curious as to why the siganls and market sentiment offered by F&G didn't line up
Not sure, maybe some of us doesn't remember that because that was 4 years ago and it doesn't make sense to bring it up. And I can speculate that if could be just a manipulation from the whales that time that's why the price goes up from $3k-$10k.I would have assumed F&G would have been more in the 60s/70s because we eventually got a drop to $6000 and back to $3000.
Why was F&G so low (fear) after a pump. It would suggest the sentiment was to buy?
I know it's not a science but just curious as to why the siganls and market sentiment offered by F&G didn't line up
I remember one thing around that time frame, perhaps it was in the beginning of the year that there were reports that 3 big whales colluding with each other to push the price higher and then after that, the price goes down hard. Again, my memory could be sketchy at times but that kind of news could stuck in my mind.
