Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tertius993
on 17/03/2024, 17:10:36 UTC
Quote from: Biodom on Today at 04:42:36 PM
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


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/thrill" yet.
79 is a lagging indicator too. We are not more than 70 rn, after a few days of declines.

As long as its not "Complacency" ... Grin