Crowd Predicting Prices Go Far Lower... But Should We Trust Them?

đŸ—Ŗī¸ Social media is showing a massive level of fear, with Bitcoin being associated with sub-$70K levels at the highest rate since the Feb. 27 crash. The true ca

āĻāĻ•ā§āϏāĻšā§‡āĻžā§āϜāϏ đŸĻ

ā§§ā§§ āĻŽāĻžāĻ°ā§āϚ, ⧍ā§Ļ⧍ā§ĢCoincexpost

āφāĻ°ā§āĻĨāĻŋāĻ• āĻĒāϰāĻžāĻŽāĻ°ā§āĻļ āύāϝāĻŧāĨ¤ DYORāĨ¤

Read full report

đŸ—Ŗī¸ Social media is showing a massive level of fear, with Bitcoin being associated with sub-70KlevelsatthehighestratesincetheFeb.27crash.Thetruecapitulationpoint(andoptimalbuyspot)willbewhenlowprices(70K levels at the highest rate since the Feb. 27 crash. The true capitulation point (and optimal buy spot) will be when low prices (50K-69K)arebeingpredictedacrosssocialmediawithverylittlementionofhighprices(69K) are being predicted across social media with very little mention of high prices (100K-$119K).

Explore this chart for yourself, and keep tabs on when retail traders truly hit their maximal FUD here.


āĻāϟāĻŋ āφāĻ°ā§āĻĨāĻŋāĻ• āĻĒāϰāĻžāĻŽāĻ°ā§āĻļ āύāϝāĻŧāĨ¤ DYORāĨ¤

Exchanges

āϟāĻĒ āĻāĻ•ā§āϏāĻšā§‡āĻžā§āϜāϏ — āĻŸā§āϰ⧇āĻĄāĻžāϰāĻĻ⧇āϰ āϜāĻ¨ā§āϝ āĻšā§āϝāĻžāĻ¨ā§āĻĄāĻĒāĻŋāĻ•āĻĄ

Crowd Predicting Prices Go Far Lower... But Should We Trust Them?