Lower Calls May Give Some Modest Crypto Market Relief!
📉 When crypto crashes, how does the crowd typically react? Well, they expect prices to keep on crashing. After Bitcoin sank to $60.0K, we have seen a mild boun
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📉 When crypto crashes, how does the crowd typically react? Well, they expect prices to keep on crashing. After Bitcoin sank to 65.5K.
😾 Is this nothing but a dead cat bounce? Or has enough retail been shaken out to justify a quick rally back up to the $70K's. The crowd will likely have a lot to do with it, based on:
🟦 High calls of "lower" or "below", indicating the crowd is bearish and fearful. Prices typically rebound when this spikes (like now).
🟥 High calls of "higher" or "above", indicating the crowd is bullish and greedy. Prices typically drop when this spikes.
🧐 Monitor this unique way of measuring fear vs. greed across social media, where you'll find some incredibly accurate short-term and long-term signals!
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