Bitcoin sentiment - Fear and Greed index - Swing failure
Another day where everybody is calling for lower lows. I'm constantly seeing crazy price predictions for $3k bitcoin. On twitter and reddit everyone are bearish.
I think it's time for the good old play against the crowd strat. Here are just a few snippets from random crypto twitter accounts:
I’m not sure what all the Bitcoin bulls are so excited about. This is a textbook stop run and a takedown Monday or Tuesday likely to follow.
Monday dump income? $BTC
Ez shorts here. Rest in peace bulls $btcusd
^And those examples are just a small piece out of all those bearish tweets.^
Another thing that keeps me from being bearish is the Greed & Fear index.
Be greedy when others are fearful.
And to end this post a beautiful SFP on the 3hour chart.
If my predictions play out - I'll take it.
If my predictions don't play out - It's good to look back to how stupid I was.