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
The price jump could have been a game of whales or because the adoption of Bitcoin in that year increased significantly, we don't know for sure, but for those who took risks in that year and held on until now they have already reaped the fruits of their investment and maybe it is the best investment of their lifetime.