Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 17/03/2024, 16:42:36 UTC
Quote from: vokain on Today at 04:34:20 PM
Quote from: tertius993 on Today at 07:15:14 AM
Quote from: Pandorak on Today at 06:44:36 AM


The index is still showing levels at "extreme greed", can we expect a reversal to $70,000 in the next few days?

I think we migbt see <$60k before we see $70k.

https://twitter.com/0xhedge32/status/1768208346329366869?s=12&t=GOxgUHAih5V6rQN5toiPJQ
[img=200]https://pbs.twimg.com/media/GInwBtEW0AA-85z?format=png&name=900x900[/img]

We all saw this one gazillion times already.
The twitter "guy" doesn't even say where we are at in his opinion.
I would say, maybe "optimism", but according to all social metrics we are nowhere close to the "mania" yet.
79 is a lagging indicator too. We are not more than 70 rn, after a few days of declines.