Tuesday 31 May 2022

Bitcoin Flashed an EXTREME Signal Not Seen Since the 2020 Crash

Bitcoin flashed an extreme signal not seen since the 2020 crash (impact for BTC). The fear and pessimism on bitcoin is seeing record extremes. The majority view seems to be negative and fearful on bitcoin, based on the sentiment readings. But can we measure this more "scientifically"? In this video, we apply a certain criteria to the bitcoin's low optimism readings to see how it performed in the past. We examine both the short term and the long term timeframe window. The results show something interesting and positive for bitcoin's potential long term prospects in the 1-year window (based on the statistics). We explain and look at the charts. Video by Alessio Rastani.



AC