Post
Topic
Board Speculation
Re: BTC Sentiment Poll for September
by
flyingcarpet
on 07/09/2023, 15:31:47 UTC
sentiment check is better done on in a shorter time frame like daily not monthly because that is how quickly the market and the traders sentiment changes. the best evidence of it is the big candles we see on the charts regularly where people hear a certain news and FOMO.

i voted for sideways though.

A single tweet can mobilize thousands of people at the same time. Then another tweet can mobilize thousands of people again. Market sentiment is very sensitive. There are many factors that determine people's sentiment in the market.  It is important to have access to short-term data as well as monthly sentiment surveys.

We know that not all this data gives us an accurate picture of what is going to happen. Even though we know the data from previous years, we have no idea where the price will go. So everyone will continue to invest in their own way.