Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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.
well showing this now [img width=q00]https://pbs.twimg.com/media/GInwBtEW0AA-85z?format=png&name=900x900[/img]
Is either mad genius and we are all fucked or very premature and just for weak hands.