Price Predictions From the Crowd? Do the Opposite!

While emotions are heightened during crypto's scariest week since the August 5, 2024 crash, a great signal has emerged. As the crowd continues to get it WRONG on Bitcoin's every ebb and flow, price predictions are providing some key alpha to traders. As Bitcoin sits in the mid-$80K's, this chart measures the frequency of mentions of$70K-$75K (lower than BTC's current levels) and$90K-$95K (higher than BTC's current levels).

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