All posts made by S3052_TheRealOne in Bitcointalk.org's Wall Observer thread



1. Post 52240703 (copy this link) (by S3052_TheRealOne) (scraped on 2020-04-04_Sat_16.59h):

Quote from: Hueristic on August 23, 2019, 03:02:26 AM
This indicator doesnt work imo, yeah social media/trends might be dipping, but thats just typical when the price is "boring".

I don't feel any extreme fear right now, I think if we went down below $9000 or $8000, then you will see real fear, but right now? not much at all. Broken indicator.

https://sludgefeed.com/cnbc-counter-trade-indicator-strikes-again/

Very often the sentiment indicators are a contrarian signal and price move into the opposite direction. But timing is often off so it can be risky to swim against the current too early...